The first RBI co-lending guidelines were published by the RBI in 2018. Back then, it was known as co-origination, but the underlying concept of the model is the same. Today, banks and NBFCs follow the latest RBI guidelines on co-lending, as published in the circular dated November 5th,...
The DL Guidelines now introduce multiple changes to existing practices of lending REs and their partners, with the aim of increasing the protection to customers. Some of these necessitate changes to lending models and the underlying fund flows, while others are introduced to bring in increased trans...
While Home Loans often offer a maximum tenure of up to 20 years, the specific terms can vary depending on the lender and the loan product you choose. Understanding the tenure and choosing one that aligns with your financial goals is essential. RBI Guidelines for Loan Against Property When co...
Full Day Workshop on Securitisation,Transfer of Loans and Co-lending January 24, 2025/0 Comments/inFinancial Services,Securitisation,Training & Workshops/byVinod Kothari Consultants Register here for the Pre-Summit Workshop:https://forms.gle/TGQBkVXgzX8Ho5ts8 ...
Lending by Banks to NBFCs for On-lending to Priority Sectors: Recent RBI Guidelines and Way ForwardManickaraj, M.James, ElizabethVinimaya
2. Recovery of Penal Charges on Loans In terms of extant guidelines, Regulated Entities (REs) have the operational autonomy to formulate Board approved policy for levy of penal interest on advances which shall be fair and transparent. The intent of penal interest was essentially to inculcate a ...
1. Guidelines for digital lending to protect borrowers issued by RBI. As per the new guidelines by RBI, regulated entities cannot store borrowers' data except for some basic minimal information. The lender can now only store information like the name, address, contact details of the customer, ...
At RBI Private Lending, we’ve offered highly competitive private loans since 2015. We aim to provide our customers who have limited access to credit, with the lowest available rates and fees.
India is on the verge of a digital lending revolution and making sure that this lending is done responsibly can ensure the fruits of this revolution are realized. As several players have access to sensitive consumer data, there must be clear guidelines around, for example, the type of data ...
Located in Mumbai, the RBI serves thefinancial marketin many ways. The bank sets the overnight interbank lending rate. TheMumbai Interbank Offer Rate(MIBOR) serves as a benchmark for interest rate–related financial instruments in India.