Bank-NBFC joint lending will allow each lender to attract and tap new customers at lower costs. (Photographer: Dhiraj Singh/Bloomberg)

Banks, NBFCs Kick Off Joint Lending To Reach The Unbanked

Joint lending by banks and non-banking financial companies under the central bank’s new model has gathered pace as lenders look to target the unbanked at lower costs.The Reserve Bank of India, in S...

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