Central Bank of India has formally entered into a co-lending partnership with IIFL Finance Limited, as disclosed in its regulatory filing under SEBI regulations. The arrangement aims to offer loans at competitive rates while ensuring compliance with the revised Co-Lending Arrangements guidelines issued by the Reserve Bank of India.

Partnership Structure and Compliance

The co-lending arrangement operates under the RBI's revised Co-Lending Arrangements guidelines dated November 28, 2025. Under this structure, IIFL Finance Limited will originate loan proposals, which will then be processed by both lenders according to jointly formulated credit parameters and eligibility criteria.

IIFL Finance Profile and Capabilities

IIFL Finance Limited brings significant market presence to the partnership as a retail-focused non-banking financial company registered with the Reserve Bank of India. The Mumbai-headquartered NBFC operates as a leading player in India's gold loan business with extensive reach across underserved market segments.

Operational Framework

The co-lending arrangement establishes a comprehensive operational structure where IIFL Finance Limited will handle loan servicing throughout the entire loan lifecycle. Borrowers will benefit from blended interest rates charged under the joint lending model, while both institutions will expand their portfolio reach.

Strategic Benefits

The partnership is designed to deliver mutual benefits for both lending institutions and end borrowers. Central Bank of India expects greater portfolio expansion through this arrangement, while IIFL Finance Limited will leverage the bank's capabilities to enhance its lending operations. The collaboration aims to expand customer outreach across India, particularly targeting underserved market segments where IIFL Finance has established expertise.

Central Bank of India has announced the reestablishment of its co-lending partnership with Capri Global Capital Limited, a strategic move designed to offer competitive loan products while expanding market reach. The partnership operates under the Reserve Bank of India's revised Co-Lending Arrangements guidelines dated 28.11.2025, ensuring compliance with current regulatory frameworks.

Partnership Structure and Benefits

The renewed co-lending arrangement is structured to leverage the strengths of both financial institutions. Under this partnership, the participation by both entities is expected to result in greater portfolio expansion for Central Bank of India and Capri Global Capital Limited.

About Capri Global Capital Limited

Capri Global Capital Limited is a registered Non-Banking Financial Company (NBFC) with the Reserve Bank of India, specializing in secured loan products. The company focuses primarily on providing Secured Loan Against Property (LAP) and Gold Loans to its customer base.

The Mumbai-headquartered company operates an extensive distribution network across India, enabling comprehensive client sourcing and servicing capabilities.

Operational Framework

The co-lending arrangement follows a structured approach to loan origination and servicing. Capri Global Capital Limited will handle the initial loan origination process, identifying and sourcing potential borrowers through its extensive branch network.

Both lenders will jointly process loan proposals based on mutually agreed credit parameters and eligibility criteria. This collaborative approach ensures comprehensive risk assessment while maintaining competitive lending standards.

Key operational features include:

• Joint processing of loan applications by both lenders
• Unified credit parameters and eligibility criteria
• Blended interest rate structure benefiting borrowers
• End-to-end loan servicing by Capri Global throughout the loan lifecycle

Market Impact and Customer Benefits

The partnership is positioned to benefit multiple stakeholders within the lending ecosystem. Borrowers will gain access to competitive blended interest rates, while both financial institutions expect to expand their customer outreach across India.

The arrangement leverages Capri Global's extensive branch network and local market expertise, combined with Central Bank of India's banking infrastructure and regulatory standing. This collaboration is expected to enhance service delivery and expand access to credit facilities for customers across the participating regions.