RBI rule on loan securitisation
December 10, 2022
RBI rule on loan securitisation Subject : Economy Context: Reserve Bank of India (RBI) issued new guidelines prohibiting securitization of loans with a residual maturity of less than a year. Details: Prohibiting short-term securitization would affect about 5% of the market, especially the gold loan financiers and microfinance institutions (MFI). Concept: Securitization is […]