Question

What primary macro-economic and financial objective drove the creation and subsequent 2020 rechristening of the RBI's Co-Lending Model (CL

  • M for Banks and NBFCs?
A To help foreign banks increase their brick-and-mortar footprint in urban metrics.
B To phase out standalone NBFCs by systematically merging their books into public banks.
C To improve the flow of credit to the unserved and underserved sectors at an affordable cost.
D To bypass the standard priority sector lending targets mandated for commercial lenders.
E To pool high-risk speculative derivative transactions across corporate promoter groups.
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