IDFC Bank, Capital Float tie up

IDFC Bank has partnered with digital lending platform Capital Float, a Bengaluru-based firm, to offer credit to small businesses. The partnership aims to bring in small businesses as customers, especially the ones without existing credit history, with limited or no documentation. As a partner, Capital Float will provide IDFC Bank access to its digital network of borrowers for small-ticket loans. The bank will provide its product portfolio to Capital Float. Our Bureau