The Reserve Bank had issued Guidelines on Sale of Loan Exposures (which included direct assignment transactions) vide circular dated February 1, 2006. They were updated on May 7, 2012 and July 1, 2013. Subsequently, BCBS issued guidelines on securitisation which were effective from January 1, 2018. Also, the Reserve Bank constituted a Task Force in 2019 on the Development of Read More

The Reserve Bank had issued Guidelines on Securitisation of Standard Assets (which included direct assignment transactions) vide circular dated February 1, 2006. They were updated on May 7, 2012 and July 1, 2013. Subsequently, BCBS issued guidelines on securitisation which were effective from January 1, 2018. Also, the Reserve Bank constituted a Task Force in 2019 on the Development of Read More

Pandemic has rendered the current rating and risk assessment system inadequate. Post COVID, certain new ways of rating and assessing risk might evolve. Already some changes are taken place. What is the evolving shape of things? Read More