Have you heard about the comparative advantage concept in economics? Co-lending arrangement (CLA) is just that. Read to find out more about the recently published draft CLA guidelines by the RBI.
Good article . Co lending often becomes a headache not due to process but due to egos of underwriting officers of the partner REs . The loan approval part has to be very clear to the 2 parties . As they move to bigger ticket sizes , this problem will likely grow. Ideally common scorecards and seamlessly integrated loan origination systems should help.
Good article . Co lending often becomes a headache not due to process but due to egos of underwriting officers of the partner REs . The loan approval part has to be very clear to the 2 parties . As they move to bigger ticket sizes , this problem will likely grow. Ideally common scorecards and seamlessly integrated loan origination systems should help.