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    <title>Conditions governing securitisation</title>
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    <description>Conditions governing securitisation require that no obligor hold more than twenty five percent of the asset pool, the pool be homogeneous, and securitised debt instruments be fully paid up upfront. The originator and obligor must each have a three financial year track record in the relevant type of debt or receivable proposed to be securitised. These conditions do not apply where the originator is regulated by the Reserve Bank of India, and the concentration limit may be relaxed by the Board.</description>
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