India, Oct. 16 -- Central Bank of India has announced a strategic partnership with Godrej Housing Finance to offer Housing Loans at competitive rates, subject to compliance with the applicable law(s) including the applicable guidelines issued by Reserve Bank of India (RBI). The participation by both the entities in this Co-Lending arrangement will result in greater expansion of portfolio by Central Bank of India and Godrej Housing Finance.Under the arrangement, Godrej Housing Finance will originate and process Housing Loan proposals as per jointly formulated credit parameters and eligibility criteria and Central Bank of India will take into its books upto 80% of the Home Loans under mutually agreed terms. M/s. Godrej Housing Finance Ltd. wi...