SBI to launch co-lending business model with 4-5 NBFCs
23rd Sep 2019

State Bank of India (SBI) is planning to launch a co-lending business model with 4-5 medium to large-sized NBFCs. Under the co-lending model, the bank will have an exposure between 70 and 80 percent while the rest will be borne by the NBFCs but this arrangement will be ‘only’ for the priority sector lending.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.