Question
Who is the head of the RBI committee for secondary
market in corporate loans?Solution
The Reserve Bank of India (RBI) has constituted a six-member task force, headed by Canara Bank chairman T.N. Manoharan, on the development of secondary market for corporate loans. The terms of reference of the task force would include review of the existing state of the market for loan sale or transfer in India as well as the international experience in loan trading.
Forward contact is a type of derivative which is publically traded
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