Co-Lending Model- Bank-NBFC co-lending:
GS Paper 3: Topics Covered: Inclusive growth and issues arising out of it. Context: In September 2018, the RBI had permitted the banks to co-lend with all registered NBFCs (including HFCs) to increase lending to the priority sector based on a prior agreement. Following this, several banks have entered into co-lending ‘master agreements’ with …