Wednesday, May 10, 2023

India's bad loan firms call for rule change to boost market

The proposed changes would increase the types of entities who trade instruments called Security Receipts, which are backed by non-performing loans. Currently, the business is confined to banks and non-financial companies.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-bad-loan-firms-call-for-rule-change-to-boost-market/articleshow/100126489.cms

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