RBI Co-Lending Guidelines 2025: Key Rules and Impact
Why in the news
The RBI reworked co-lending norms for better governance and risk sharing; small NBFCs and fintechs may face short-term friction.
| Rule | Requirement |
|---|---|
| Retention | Every lender keeps minimum 10% |
| Transfer | Originator passes loan within 15 days, else not co-lending |
| Money flow | Via escrow |
| Audit | Co-lent loans are audited |
| Blended rate | Method unclear |
| Start | January 2026 |
Concerns
- Costlier compliance: escrow, stricter KYC, technology.
- Cash-collection segments struggle.
- Volumes may dip briefly.
Outlook
- Better transparency and confidence.
- Scope beyond priority sector.
- Possible inflow of structured capital.
Exam angle
- Retention 10%; transfer limit 15 days.
- Scope: all regulated entities.