A junior lender should request a waiver for a certain class of collateral that a priority lender has not included in its asset base. As soon as it has been agreed that there is a personal guarantee from the borrower`s originate or a guarantee in favour of the junior lender, the junior lender should ensure that the established rights are properly reflected in the interconnection agreement and that they are not tied up. On Monday, CNBC TV18 announced news that SBI and other leading banks in the country had signed an agreement between creditors. What is it for? In this regard, we will discuss in detail the new agreement reached by the Indian banks: the junior lender should consider including in the contract conditions for the acquisition of the project in case of failure of the borrower.