RBI deputy says securitisation market is ‘raring to go’
Plenty of opportunities if firms are willing to seize them, deputy says
Reserve Bank of India deputy governor R Gandhi has dismissed concerns over India's regulatory framework for securitisations, saying the market is "raring to go" in a speech on July 14.
Addressing the India Securitisation Summit 2015 in Mumbai, Gandhi said there were plenty of opportunities if banks and non-bank financial companies (NBFCs) were willing to change their mind-sets.
He highlighted four reasons why securitisations should thrive in the years ahead. Targets for lending to priority
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