Mahindra & Mahindra Financial Services (Mahindra Finance) has executed a Master agreement for co-lending with State Bank of India (SBI) for providing priority sector loans and periodical assignments of loan portfolios in accordance with Reserve Bank of India Guidelines on the same. The Co-lending arrangement is envisaged in a manner that risk and rewards shall be shared with mutual agreement between the two parties, subject to applicable regulatory framework.
Mahindra Finance is one of India’s leading non-banking finance companies.
