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TMI BlogNorms For Loan Securitization by NBFCsX X X X Extracts X X X X X X X X Extracts X X X X ..... Norms For Loan Securitization by NBFCs - News and Press Release Dated:- 29-11-2012 - News - Press Information Bureau Government of India Ministry of Finance 29-November-2012 17:43 IST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RBI has informed that to prevent unhealthy practices surrounding securitization and assignment of loans and to allow for redistribution of credit risk to a wide spectrum of institutions, it has issu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed revised guidelines on securitization transactions on August 21, 2012 which inter-alia provide the following: I) Mandatory retention of a portion of each Securitization by the originator to ensu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re more effective screening of loans; II) Minimum period of retention of loans prior to Securitization to give comfort to investors regarding due-diligence exercised by the originator; III) Stipul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ations regarding transfer of standard assets through final assignment of cash flows and the underlying securities and IV) Disclosure Norms. RBI has placed the detailed guideline in public domain o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n its website www.rbi.org.in. This was stated by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Rajya Sabha today. * * * DSM/RS/bs - News - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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