<h1>RDCL Receives RBI Approval to Launch as RMBS Company, Aiming to Strengthen Housing Loan Market by March 2025.</h1> RDCL, set up by the National Housing Bank, has received a Certificate of Registration from the Reserve Bank of India to begin operations as a Residential Mortgage-Backed Securitisation (RMBS) company. Supported by diverse investors, including banks and insurance companies, RDCL aims to boost the RMBS market by providing investment opportunities for long-term institutional investors. It plans to invest in RMBS issuances, offer credit enhancements, and promote market development. With a paid-up capital of Rs. 500 crore and based in Mumbai, RDCL is expected to start operations in March 2025, complementing existing funding sources for housing loans.