Mumbai, April 12 -- The Reserve Bank of India (RBI) has proposed changes to harmonize lending norms across regulated entities.

Two major frameworks proposed as part of the monetary policy statement on 9 April pertain to co-lending and lending against gold ornaments and jewellery-both popular loan segments for lenders and borrowers alike.

Mint takes a look at what these proposed norms could mean for the sector and how they will impact lending in these segments:

The biggest takeaway is that co-lending has now been extended to all regulated entities as against the current norm of only banks and non-banking financial services companies (NBFCs) being allowed to co-lend together. Co-lending refers to joint funding of a loan portfolio in a pr...