Will Mastercard's loss benefit Visa and homegrown RuPay?
While RBL Bank signed up with Visa as recently as last week, a Yes Bank spokesperson said the bank is evaluating migrating to other platforms. Both banks said they expect no disruption to their existing customers due to the RBI action.
Securitisation deals return in June, but activity still at half of pre-pandemic levels: ReportSecuritisation refers to an activity where a financier or lender transfers future receivables on a loan or a bunch of loans to others, which helps with immediate liquidity requirements.
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