July 14, 2015 / 5:53 AM / 2 years ago

SEBI working on reporting platform for debt securitisation - RBI deputy

A street side restaurant owner holds a bundle of currency notes as he sits outside his restaurant in New Delhi November 22, 2013.Adnan Abidi/Files

MUMBAI (Reuters) - India's market regulator is working on a platform for reporting securitisation deals, Reserve Bank of India deputy governor R. Gandhi said on Tuesday.

Gandhi, speaking at an industry conference in Mumbai, said banks' drive to securitise priority sector loans will revive the segment.

Small finance banks are also expected to securitise their lendings to diversify balance sheets, he added.

Reporting by Suvashree Dey Choudhury; Editing by Sunil Nair

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