Govt to encourage banks to use co-origination model of finan

Govt to encourage banks to use co-origination model of financing to address MSME needs


Govt to encourage banks to use co-origination model of financing to address MSME needs
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Synopsis
Co-origination or co-lending model is a financial system of leveraging the comparative advantages of both the banks and non-banking finance companies (NBFCs) in a collaborative effort.
"I am pushing all the banks to be ready to handle co-originating models of financing because NBFCs have their advantage with their spread in tier 2 and tier 3 cities where some of the banks are not present," FM Nirmala Sitharaman said.
Kolkata: The government will be encouraging banks to use the co-origination model of financing to address the needs of the micro, small and medium enterprises (MSME) in the country, especially in smaller towns.

Related Keywords

Kolkata , West Bengal , India , Nirmala Sitharaman , Dinesh Kumar Khara , Indian Chamber , Department Of Investment Public Asset Management , Public Asset Management , கொல்கத்தா , மேற்கு பெங்கல் , இந்தியா , தினேஷ் குமார் கார , இந்தியன் அறை , துறை ஆஃப் முதலீடு பொது சொத்து மேலாண்மை , பொது சொத்து மேலாண்மை ,

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