Banks undertake purchase of retail pools under the securitization mode to meet their priority sector and retail lending requirements. As per central bank rules, the risk and rewards of the securitization pool is to be borne by the buyer without any recourse of credit loss to the seller.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2ZFqprn
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Tuesday, December 31, 2019
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Banking-Banking/Finance-Industry-Economic Times
Banks continue to remain wary of lending to NBFCs
Banks continue to remain wary of lending to NBFCs
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