The Reserve Bank of India (RBI) announced rules on co-lending by banks and non-bank financial companies (NBFCs) to priority sectors. The primary goal of the revised scheme, renamed “Co-Lending Model” (CLM), is to increase credit flow to the unserved and underserved sectors of the economy and make funds available to the ultimate beneficiary at an… Continue reading Where is Co-lending heading in the Next Five Years?
Tag: co-lending
Can Co-Lending Models Be The Future Lending in India?
Co-Lending Models (CLM) is a revolutionary method of lending that has the potential to change the financial sector’s landscape in India. CLM entails cooperation between established financial institutions, including banks, and online lending platforms, utilizing each other’s advantages to offer more open and inclusive credit options. According to research by EY, the fintech industry in… Continue reading Can Co-Lending Models Be The Future Lending in India?
The Potential of Co-Lending for the Underserved Segments
Millions of people in India and around the world do not have access to traditional lending services, although credit access is essential for financial inclusion and economic progress. According to a recent TransUnion analysis, there are over 160 million credit-invisible individuals in India who are unable to obtain loans from banks and other formal financial… Continue reading The Potential of Co-Lending for the Underserved Segments