Banks continue to remain wary of lending to NBFCs
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 Markets-Economic Times https://ift.tt/37wCyBP
from Markets-Economic Times https://ift.tt/37wCyBP
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