Start learning 50% faster. Sign in now
Securitization is the process of converting illiquid assets, like loans, into tradable securities, essentially transforming them into a form that can be bought and sold in the marke t. In securitization, the Minimum Retention Requirement (MRR) is a key aspect, as defined by the Reserve Bank of India (RBI) in its Master Directions. It mandates that originators of securitized assets retain a certain percentage of the credit risk associated with those assets. This ensures the originator has a continued stake in the performance of the securitized assets and encourages them to carry out proper due diligence. MRR Requirements (as per RBI guidelines):
Which entity recently installed a floating solar plant with a capacity of 10 MWp in Igatpuri lake, marking a first-of-its-kind initiative by Indian Rail...
The Indian Institute of Science (IISc), Bengaluru, recently developed a new 3D hydrogel culture system similar to the mammalian lung environment. This s...
The recent 3% hike in Dearness Allowance for central government employees raised DA to what percentage of the basic salary?
Consider the following in regards to the Kashi Tamil Sangamam (KTS):
1) The second edition of the Kashi Tamil Sangamam (KTS) will be held between...
Who recently came up with India’s 1st credit card made from recycled PVC (Polyvinyl chloride) plastic?
India discussing settling non-oil trade in Rupees from which of the following gulf country?
Which of the following countries has become the first Asian country to legalize Marijuana?
Which of the following statements about the recent MoU between iCreate, Microsoft, and MeitY is/are correct?
1. The MoU aims to boost AI startups...
Recently Indian government has extended policy to allow imports of lentils and vegetable oils such as palm oil, soy oil and sunflower oil at lower taxes...