Both mortgage-backed and asset-backed securities are in vogue, but in the light of differing market practices and concerns relating to accounting, valuation and capital adequacy treatment of such products, the RBI issued guidelines on securitisation of standard assets in February 2006.
G Padmanabhan: Retail payments at crossroads – economics, strategies and future policies A summary of remarks by Mr G Padmanabhan, Executive Director of the Reserve Bank of India, during the Panel discussion at the Joint European Central Bank / Bank of France Conference, Paris, 21 October 2013.