Reserve Bank of India is due to formalize the much awaited securitization guidelines in this week. The first draft of the guidelines was published in mid 2010 and the next revised draft was released in September, 2011. It has taken RBI good two years to finalise the guidelines keeping the markets on tenterhooks.

RBI had been mulling over need for regulations with regard to micro-finance activities of NBFCs and on several occasions had mentioned the need for a separate category of NBFCs that cater to the microfinance sector.

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