Why rollout of secondary loan market is good news for all4 min read 13 Sep 2022, 06:10 PM IST
A secondary marketplace for bank loans will offer multiple benefits. Chief among them is external assessment of loan pricing.
With Axis Bank lining up ₹1,000 crore worth of loans for sale on the Secondary Loan Market Association’s platform later this month, India’s financial market takes one more step towards greater transparency and efficiency.
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