DHFL can pay banks and NBFCs with which it has securitisation deals: High Court
The Bombay High Court has allowed DHFL to make payments to banks and NBFCs that have securitisation arrangements with the stressed mortgage financier. The order came after a clutch of lenders, including the State Bank of India (SBI), Bank of Baroda, Standard Chartered Bank, Canara Bank and IDFC First Bank, approached the court.
Mutual funds object to securitisation deals by DHFL
Banks are tapping the route to avoid haircuts while mutual funds have already taken 70% h...
NBFCs raise Rs 2.36 lakh crore via loan securitisation
ICRA expects securitisation volumes to touch an all time high the fiscal ended March 2...
NBFC securitisation of loans picks up as other sources of funds dry: ICRA
ICRA expects securitisation volumes to touch an all-time high in this fiscal year.
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.
With Lakshmi Vilas Bank deal behind us, it is business as usual with more agility: Indiabulls
On Wednesday, the Reserve Bank had rejected a proposal to merge Indiabulls Housing Finance Ltd (IBHFL) with the Tamil Nadu-based troubled lender.
Muthoot Capital raises Rs 236 crore via securitisation deal
The entire issuance was bought by the largest mutual fund of the country HDFC MF.
RBI proposes new rules for mortgage securitisation
The central bank would explore measures such as loan contract standards.
MFIs kick off common securtisation plan with Rs 79 crore deal
The size of the deal was Rs 79 crore with 11 NBFC-MFIs participating in it, of which six participated in a securitisation transaction for the first time.
MFIs to form Rs 650 crore loan pool for securitisation
Some 20-22 MFIs will take part in the first tranche, while another 7-8 will pool in their loans for the second.
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.
Giving credit where it’s due: RBI to provide liquidity support to banks to deal with NBFCs
The NBFC sector has seen a series of ratings downgrade and defaults in repayment of debt.
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.
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