Non-bank lenders in Mumbai plan to address the Reserve Bank of India regarding proposed co-lending rule changes. The new model suggests joint loan disbursement, replacing the current assignment practice. NBFCs worry about increased risk and liquidity strain due to longer loan holding periods. Banks are also concerned about dual default reporting affecting borrower trust.
SBI to raise $3 billion through senior unsecured notes in FY26
State Bank of India plans to raise funds. The board approved raising up to $3 billion through senior unsecured notes. This will happen during fiscal