RBI’s revised securitisation guidelines could ‘kill’ Indian market

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The Reserve Bank of India (RBI) released its Draft Revised Guidelines on Securitisation Transactions on September 27, after considering feedback from banks and other market participants on the original draft guidelines released in April 2010.

The latest revision to the draft guidelines were welcomed by some bankers that had sought clarity on the minimum holding period (MHP) and minimum retention requirement (MRR) for Indian banks relating to securitised loans. However a number of observers belie

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