Author: CS Sachin Kotian
Published in: Taxmann
The Reserve Bank of India Co-Lending Directions, 2025 introduce a comprehensive regulatory framework for multi-lender platforms operating in India’s evolving digital lending ecosystem. The framework enables collaboration between Banks and Non-Banking Financial Companies, allowing multiple regulated lenders to jointly fund a single loan through technology-enabled platforms. This structure improves credit access while enabling better risk sharing and capital allocation among participating lenders.
The directions emphasize transparency, borrower protection, and clear contractual arrangements between lenders and platform operators. They also require strong governance, data sharing mechanisms, and defined operational responsibilities. Overall, the framework aims to enhance efficiency in credit delivery while strengthening regulatory oversight and financial stability.
