S b i has teamed up with adani capital, a relatively small player in the industry. The general consensus seems to be that these partnerships haven't quite set the lending scene on fire. Blame problems with tech integration and legalities. But only time will tell if banks and n v f c can actually get along.
Last week, India’s largest public-sector lender State Bank of India (SBI) announced it was partnering with Adani Capital, a non-banking finance company (NBFC), to dole out loans to the farming community. Since the news caused quite a bit of stir, we decided to dive into these co-lending relationships in today’s episode for 14th December 2021.
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