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https://www.moneycontrol.com/news/business/startup/why-fintechs-are-cheering-rbis-guideline-allowing-5-default-loss-cover-10770281.html
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Why fintechs are cheering RBI’s guideline allowing 5% default loss cover - Moneycontrol
+ 37 more
6/9/23 at 9:50am
Organization
Moneycontrol
Author
Bhavya Dilipkumar
Details
42 words
Summarize
Business & Industrial
loss cover
loan guarantee arrangements
Moneycontrol
NBFC
lending service providers
risk sharing
Earlier, banks and NBFCs could not enter into default loan guarantee arrangements with unregulated lending service providers. Now they can, with judicious and reasonable risk sharing between the two
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