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Shaktikanta Das, RBI Banking & Finance

Banks and NBFCs to Co-Lend to Priority Sectors: RBI

"In terms of the CLM, banks are permitted to co-lend with all registered NBFCs (including HFCs) based on a prior agreement. The co-lending banks will take their share of the individual loans on a back-to-back basis in their books," the RBI said in its communication to all banks and NBFCs.

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