Question
What is the Minimum Holding Period (MHP) requirement for
loans with a tenor of up to 2 years before they can be transferred by the originator/transferor?Solution
• As per RBI’s guidelines on Transfer of Loan Exposures (TLE) and securitisation norms: o For loans with a tenor of up to 2 years, the Minimum Holding Period (MHP) is 3 months. o For loans with a tenor of more than 2 years, the MHP is 6 months. • The MHP is counted from the date of registration of the underlying security interest with CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India). • The purpose of MHP is to ensure that the loan is adequately seasoned and reflects the repayment capacity of the borrower before being transferred or securitized.
How many members of the Rajya Sabha can be nominated by the President of India?
The cyclone has been named ‘Asani’ by which of the following countries?
Personal checks, cashier's checks, money orders, certificates of deposit (CDs), promissory notes, and traveler's checks are called NID. What does ‘I�...
In which state is the famous Kamakhya Temple situated?
Which of the following states is least likely to be among the top five contributors (installed renewable capacity) toward India’s renewable targets (i...
In RNA of humans, adenine pairs with_________.
Saudi Arabia's Public Investment Fund (PIF) invested how much amount to acquire 2.04% stake in Reliance Retail?Â
In India, the population Census is under which list of schedules of Indian constitution?
Who became the first bowler to take two hat-tricks in a single T20 World Cup (Men’s or Women’s)?
Which organization has decided to impose a carbon tax (CBAM) on products from certain sectors like steel and cement from countries such as India and China?
Relevant for Exams:
