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Best
practice initiatives
Growth in credit markets can come from the building blocks of best practices, such as:
- Standardization (legal documents, processes
and identification numbers for the loans)
- Transparency (Mark to Market pricing, Rating
/ Risk assessment)
- Diversity (across lenders and investors Banks,
FI's, NBFCs', Mutual Funds and Insurance Companies,
flexible pricing, investment vehicles - such
as CLO's, credit derivatives, secondary market
players
- Continuous upgradation of skill sets of the market participants..
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