Master Direction â€“ Reserve Bank of India (Securitisation of Standard Assets) Directions, 2021

Posted Date : 25-Sep-2021 , 08:42:03 am | Posted By CASANSAAR print

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Please refer to the Draft Framework for Securitisation of Standard Assets that was released on June 8, 2020 for comments from various stakeholders.

2. Based on the examination of the comments received, the Reserve Bank has issued the Master Direction – Reserve Bank of India (Securitisation of Standard Assets) Directions, 2021, which are enclosed. These directions have been issued in exercise of the powers conferred by the Sections 21 and 35A of the Banking Regulation Act, 1949; Chapter IIIB of the Reserve Bank of India Act, 1934; and Sections 30A, 32 and 33 of the National Housing Bank Act, 1987.

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