Task force recommends online loan sale platform

The Reserve Bank of India(RBI) has set up a task force to submit a report on the development of a secondary market for corporate loans.It was headed by T.N. Manoharan. The task force has recommended setting up of a self-regulatory body of participants who would work on creating a platform for secondary sale of corporate… Continue reading Task force recommends online loan sale platform

RBI forms task force on corporate loans

The Reserve Bank of India has constituted a task force on the development of secondary market for corporate loans under T N Manoharan. The task force has also been asked to make recommendations for creation of a loan contract registry to remove information asymmetries between buyers and sellers ownership structure and standardisation of loan information,… Continue reading RBI forms task force on corporate loans