RBI to enable securitisation of stressed assets through a market-based mechanism
RBI Governor Sanjay Malhotra | Photo Credit: HEMANSHI KAMANI The RBI intends to enable securitisation of stressed assets through a market-based mechanism, in addition to the existing ARC (asset reconstruction company) route under the SARFAESI Act, 2002. In this regard, the central bank will issue a draft framework for securitisation of stressed assets for public … Read more