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#1
November 26th, 2012, 02:42 PM
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| RBI Guidelines for NBFC
You can tell me about the Reserve Bank of India guide for Non Banking Financial Company please tell me about this because I am new employees in reserve bank of India so want to know about this and ask you so tell me about this
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#2
November 27th, 2012, 02:01 PM
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| Re: RBI Guidelines for NBFC
I am giving the Reserve Bank of India guidelines for Non Banking Financial Company provided in the official website on 21st August 2012. In a single securitisation transaction, the underlying assets should represent the debt obligations of a homogeneous pool of obligors1. Subject to this condition, all on-balance sheet standard assets2except the following, will be eligible for securitisation by the originators : i) Revolving credit facilities (e.g., Credit Card receivables) ii) Assets purchased from other entities iii) Securitisation exposures (e.g. Mortgage-backed / asset-backed securities) iv) Loan’s with bullet repayment of both principal and interest3. For the rest of the details you can download the pdf file provided. |
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