TNPSC Thervupettagam

Secondary Market

June 1 , 2019 2033 days 898 0
  • The Reserve Bank of India (RBI) constituted a task force under the Chairman of Canara Bank TN Manoharan.
  • It is expected to suggest policy and regulatory interventions required for development of “Secondary Market” in corporate loans.
  • The secondary loan market in India is largely restricted to the sale to asset reconstruction companies.
  • No formalised mechanism has been developed to deepen it.

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