NIFTY 50

RBI revises co-lending norms: Credit penetration and retail volume will grow, says MMFSL

Updated : November 06, 2020 03:26 PM IST

The Reserve Bank of India (RBI) has revised co-lending norms allowing banks to co-lend with all registered non-banking financial companies (NBFCs) on prior agreement.
NBFCs are, however, required to retain a minimum 20 percent share of individual loans on their books.

You May Also Like

Live TV

recommended for you