Extension of relaxation on guidelines to NBFCs on securitisation transactions

Reserve Bank of India

RBI/2019-20/131
DOR. NBFC(PD) CC.No.107/03.10.001/2019-20

December 31, 2019

All NBFCs

Madam/Sir,

Extension of relaxation on the guidelines to NBFCs on securitisation transactions

Please refer to the circular DNBR (PD)CC.No.95/03.10.001/2018-19 dated November 29, 2018 on “Relaxation on the guidelines to NBFCs on securitisation 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.

2. On a review, it has been decided to extend the relaxation provided therein till June 30, 2020. All other instructions governing securitisation and direct assignment transactions remain unchanged.

Yours faithfully,

(Chandan Kumar)
General Manager