Enumerate the conditions under which banks can grant non-funded facilities, including partial credit enhancement to customers who are not availing fund-based facility from any bank in India.

Banks can grant non-funded facilities including partial credit enhancement to customers, not availing fund-based facility from any bank in India under following conditions: Banks are to ensure that the borrower has not availed any fund-based facility from any bank operating in India. At the time of granting non-funded facilities, bank to obtain declaration from the customer about the non-funded credit facilities already enjoyed by them from other banks. Banks are to undertake similar credit appraisal as for fund-based facilities. Credit information relating to such facility shall be mandatorily be furnished to the Credit Information Companies.