Aadhar Housing Finance pursues two-way co-lending with banks, fintechs

Aadhar Housing Finance is a company in India that gives loans to people who want to buy or build affordable homes.

It helps people with lower incomes, especially those living in small towns and villages.

The company is now working on something called co-lending, where banks and Aadhar share the job of giving a loan together.

Aadhar finds the customers, and banks provide the money.

Aadhar will also work with technology companies to find more customers in faraway places.

This helps both sides: banks can lend to people they could not reach before, and Aadhar can make more loans.

The company's loans have grown by 18 percent in one year.

It has 628 offices spread across 22 states in India.

This could help more people in India own their own homes.