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Bank-NBFC co-lending model yet to take off as more tweaks may be needed

When the live-in arrangement between banks and NBFCs was flagged off on September 21, 2018, it was for co-origination

Topics
lending | NBFCs

Raghu Mohan 



loans, restructuring, recast, debt, moratorium, credit, lending, banks
For now, co-lending is stuck between yours’ and mine. Ours’ is stillborn

"Our co- book stood at Rs750 crore as on June 30, 2022, and we aim to grow it three times to Rs2,000 crore by the end of FY23,” says Shachindra Nath, vice-chairman and managing director (MD) of U GRO Capital. The shadow bank has signed 18 co- partnerships, including with the State Bank of India (SBI) and IDBI Bank.

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First Published: Mon, August 15 2022. 06:10 IST

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