RBI Sets The Stage For Listed Residence Mortgage-Backed Securities
Men play volleyball near the under construction Godrej Prime, a residential property project developed by Godrej Properties Ltd., in the Chembur area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI Sets The Stage For Listed Residence Mortgage-Backed Securities

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The Reserve Bank of India is proposing to carve out differential guidelines for residential mortgage-backed securities and set the stage for their listing. That’s according to a new draft framework...