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Secondary Market
June 1 , 2019
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- The Reserve Bank of India (RBI) constituted a task force under the Chairman of Canara Bank TN Manoharan.
- It is expected to suggest policy and regulatory interventions required for development of “Secondary Market” in corporate loans.
- The secondary loan market in India is largely restricted to the sale to asset reconstruction companies.
- No formalised mechanism has been developed to deepen it.
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