Slow legal recovery processes and complex regulations will also have a bearing on the development of this market, Shroff added.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.
The Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track.
The volume of securitised standard loans jumped 25 per cent to ₹2.3 trillion ($26.
The story "India moves to deepen junk debt market by allowing bad loan securitisation" has 543 words across 20 sentences, which will take approximately 3 - 5 minutes for the average person to read.
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