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ABS DISBURSEMENTS
Brokerages bullish on Aditya Birla Capital, predict up to 45% upside after Q3 resultsAditya Birla Capital (AB Cap) reported a 4% YoY decline in Q3 FY25 net profit at Rs 708 crore, despite a 10% increase in revenue. Brokerage...
IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MDState-owned IIFCL wants to finance India's space ambitions. It has asked the government to include the space sector in the infrastructure f...
IIFCL plans subsidiary for issuance of asset backed securitiesIndia Infrastructure Finance Company Ltd (IIFCL) is establishing a subsidiary to securitize its assets through asset-backed securities (ABS...
Ayushman Bharat - Health and Wellness Centres scheme cannot be converted by states: Health Minister MandaviyaMandaviya was on a visit to Patiala on Sunday during which he made a surprise visit to review the security arrangements at a NEET-PG exam c...
udaanCapital enables credit of Rs 2200 crore to over one lakh retailersudaanCapital’s proprietary risk algorithms leverage alternate datasets such as transaction patterns and trade invoices to pre-select borrow...
Bhosale allegedly received 'kickbacks' to facilitate loans from DHFL: CBIThe CBI has stumbled upon two payments of over Rs 68.8 crore and Rs 292 crore to arrested ABIL chairman Avinash Bhosale's companies made by...
Loan securitisation volume rebounds over 50% in MarchA raft of tailwinds propped the securitisation volume. Most non-banking financial companies reported an upturn in business activity, which ...
CreditAccess Grameen raises $25 mn ECB from Swedfund InternationalThe first tranche of $15 million had already been disbursed. This is the first foreign currency ECB for India's largest NBFC-MFI by gross l...
Securitisation deals return in June, but activity still at half of pre-pandemic levels: ReportSecuritisation refers to an activity where a financier or lender transfers future receivables on a loan or a bunch of loans to others, whic...
December quarter securitisation volume trumps first-half level: Crisil RatingsCRISIL Ratings had earlier noted the return of interest in the securitisation market, especially in September 2020, as the moratorium perio...
Securitisation volume plunges 85% in Q1The decline comes after 15 months of frenetic activity majorly driven by NBFCs.
Muthoot Capital Q4 results: Net profit falls 40% to Rs 14 crore on auto sector woesIt logged a profit of Rs 22.7 crore in January-March, 2018-19, according to a company statement.
Ayushman Bharat scheme credit positive for insurers: Moody'sDuring fiscal year 2011-12 to 2016-17, health premiums have grown at a compound annual growth rate of 18 per cent.
Flouting norms led to higher bad loans of REC, PFC: CAGThe REC and the PFC disbursed loans of Rs 47,706.88 crore to independent power producers (IPPs) during 2013-14 and 2015 -16, which were aud...
- Textile Ministry may extend revised TUF scheme to 'blackout period'
The textile ministry is likely to extend the revised Technology Upgradation Fund Scheme(TUFS) to the 'blackout period'.
- Banks issue 22% less securitised papers after RBI curbs
Issuances of securitised papers by banks fell 22% in FY10 after the Reserve Bank of India (RBI) indicated that it would tighten the securit...
- Buried in debt, another farmer ends life
A young farmer committed suicide in a Maharashtra village Wednesday when his wife told him there was not a grain left in the house to cook ...