The Reserve Bank of India ( RBI ) has extended the relaxation of the guidelines to Non-Banking Financial Companies ( NBFCs ) on Securitisation Transactions.
The RBI asked to refer circular DNBR (PD)CC.No.95/03.10.001/2018-19 dated November 29, 2018, on “Relaxation on the guidelines to NBFCs on securitization transactions” and the circular DNBR (PD)CC.No.100/03.10.001/2018-19 dated May 29, 2019, extending the dispensation till December 31, 2019.
The RBI said that, On a review, it has been decided to extend the relaxation provided therein till June 30, 2020.
All other instructions governing securitization and direct assignment transactions remain unchanged.
