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Sale of Loan Exposures
June 14 , 2020
1698 days
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- The Reserve Bank of India recently released a draft framework for “Sale of Loan Exposures” and “Securitization of Standard Assets”.
- The move is aimed at building a robust secondary market for bank loans that could ensure proper price discovery and can be used as an indicator for impending stress.
- The guidelines issued are applicable to Scheduled Commercial Banks.
- This includes All India Financial Institutions such as EXIM Bank, NABARD, Non-Banking Financial Companies.
- It also includes recommendations of Committee on Development of Housing Finance Securitization Market in India chaired by Dr Harsh Vardhan.
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