India's RBI introduces new co-lending rules, requiring lenders to keep at least 10% of loans on their books.

The Reserve Bank of India (RBI) has introduced new guidelines for co-lending arrangements, requiring each lender to retain at least 10% of the loan on their books. These rules also extend co-lending to all commercial banks, financial institutions, and non-banking financial companies. Existing co-lending agreements before the guidelines and new ones before January 1, 2026, will follow current regulations. The guidelines aim to provide clarity and address prudential and customer-related concerns.