Securitisation market likely to cross Rs 2 lakh crore by end of FY2020: Icra
In the third quarter of FY20, the securitization volumes stood at Rs 47,000 crore.
NHAI to check on liquidity of banks before HAM projects
The NHAI will soon call a meeting with banks to ensure that there are sufficient fund...
FASTag adoption, new projects to improve NHAI cashflows: Report
It can be noted that NHAI has been facing funding and cash flow issues leavin...
Cabinet makes key changes to TOT framework, allows NHAI to raise funds against toll revenue
Among key changes, the NHAI has been allowed to vary the concession period of toll projects between 15 to 30 years. TOT was introduced in 2016 to monetise publicly funded highways. Under the model, investors make a one-time lump sum payment in return for long-term toll collection rights of 30 years.
Securitisation of assets by NBFCs and mortgage lenders surge 48% in the first half of the fiscal year
The volume grew to Rs 1 lakh crore as both established and new originators flocked to the securitization market to raise resources profile in a challenging financing environment, rating company Crisil said in report.
Credit crunch is boom time for securitisation business
Securitisation has become the tool to transform illiquid assets into tradeable securities.
Alternative funding instruments for NBFCs and HFCs post the 2018 credit crunch
The IL& FS debacle shattered investors’ trust in NBFCs, eventually leading to the curtailment of their lending activity.
RBI proposes new rules for mortgage securitisation
The central bank would explore measures such as loan contract standards.
RBI's relaxation in securitisation guideline may release Rs 60,000 crore
“Just because of RBI’s relaxation, around Rs 60,000 crore portfolio would be extra window for additional securitisation,” said Karthik Srinivasan Icra.
Microfinance companies plan to create common pool of assets for securitisation
Securitisation is a process of pooling loan receivables and selling their related cash flows to third party investors as securities.
RBI eases rules to improve cash flows of housing finance companies
The RBI has eased norms for NBFCs to sell or securitise their loan books, in a bid to ease stress in the sector.
MFIs plan to create common pool of assets for securtisation
The common pool, essentially by smaller MFIs, is aimed at creating economies of scale and making it easier for banks to buy it.
IFMR Capital does the first securitisation of corporate loans since 2006
IFMR has extended Rs 114 crore loans from its own balance sheet to Annapurna Microfinance, Zen Lefin, Essel Finance Business Loans and Home Credit India Finance.
Securitisation volume dips as banks prefer to trade priority sector lending certificates
Banks, with deficit in priority sector loans, are allowed to buy PSLCs from banks with surplus on a Reserve Bank of India platform.
Growth in mortgage-backed securitisation halted after demonetisation
Crisil’s senior director Krishnan Sitaraman told ET that the housing finance companies are expected to be back in this market again in the fourth quarter.
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