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Who can conduct the business of securitisation and asset reconstruction?

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Who can conduct the business of securitisation and asset reconstruction?

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A. A securitisation company or reconstruction company, which has obtained a certificate of registration issued by RBI under section 3 of the Securitsation Act, 2002, can undertake both securitisation and asset reconstruction activities.Any entity not registered with the RBI under section 3 of the act may conduct the business of securitisation and asset reconstruction outside the purview of the Act.

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