Get Started with ixamBee
Start learning 50% faster. Sign in now
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.
The legal guardian of a Muslim minor female is:
In which of the following case the Supreme Court has held that the “three talaqs” would be treated as a “single talaq” and not a valid talaq; <...
According to SEBI(DP) Regulations, 2018 No person shall, directly or indirectly, acquire or hold equity shares or voting rights of a depository unless...
The Madrid Protocol is an international treaty that facilitates the registration and management of:
Under which Section of Specific Relief Act 1963, the provision for partial cancellation of an instrument is made:
In which of the following cases the Court held that “Doctrine of acknowledgment “is a part of the substantive Muslim Law of Inheritance and not a r...
What happens to the shares of Indian insurance companies on the appointed day as per the General Insurance Business (Nationalization) Act, 1972?
Match the following international courts/tribunals with their areas of jurisdiction as per Public International Law:
Courts/Tribunals:
A...
Which of the following is not an exception to the general principle that ‘hearsay evidence is no evidence’ ?
Beneficial owner’s name is recorded as such with
