Minimum Retention Requirement (MRR) The MRR is primarily designed to ensure that the originators have a continuing stake in the performance of securitised assets so as to ensure that they carry out proper due diligence of loans to be securitised. The originators should adhere to the MRR as detailed below while securitising loans leading to issuance of securitisation notes other than residential mortgage backed securities: a. For underlying loans with original maturity of 24 months or less, the MRR shall be 5% of the book value of the loans being securitised. b. For underlying loans with original maturity of more than 24 months as well as loans with bullet repayments, as mentioned in proviso to Clause 6, the MRR shall be 10% of the book value of the loans being securitised.
Which one out of the following states has a coastline?
Rathwa ni Gher is a dance performed on the occasion of ______ by the Rathwa tribe of Gujarat.
Settling down of heavier insoluble components of a mixture of water and insoluble substances is called:
Which of the following pairs represents biodegradable materials?
In which year does the 'Insurance for All' initiative aim to ensure that every citizen has access to suitable life, health, and property insurance?
Which of the following organizations is not a regulatory body?
The Rajgir Zoo is located in which of the following states?
The first day of the Tamil calendar on 14 April is celebrated as________.
Recently the European Commission approved Bavarian Nordic's Imvanex vaccine for use against Monkeypox in EU. It is used generally used for the treatment...
Highest forest area is found in which state?
