RBI broadens co-origination model for priority sector lending, all NBFCs can collaborate with banks

In 2018, the RBI had put in place a framework on co-origination of loans by banks and only a certain category of Non-Banking Financial Companies (NBFCs) were allowed to partner with banks for lending to the priority sector subject to certain conditions.

from Banking/Finance-Industry-Economic Times https://ift.tt/33Nme0x