Friday, November 30, 2018

RBI eases guidelines for NBFCs on securitization transactions

In order to encourage NBFCs to assign their eligible assets, The Reserve Bank of India (RBI) has decided to relax the Minimum holding Period requirement for originating NBFCs, in respect of loans of original maturity above 5 years, to receipt of repayment of six monthly instalments or 2quarterlu instalment as applicable.

from taxmann.com News https://ift.tt/2E2GJKZ
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