To mitigate moral hazard, REs shall be prohibited from selling the SNFA back to the borrower or to any related party of the borrower. They will also be required to disclose the stock of SNFAs held by them in their balance sheet For the full story, visit the source.
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Dealing with immovable assets acquired as part of recovery: RBI proposes maximum 7-year holding period
To mitigate moral hazard, REs shall be prohibited from selling the SNFA back to the borrower or to any related party of the borrower. They will also be required to disclose the stock of SNFAs held by them in their balance sheet
By BL Mumbai Bureau· BusinessLine· 2 days ago· 2 min read
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