HDFC Bank, ICICI Bank and others to float residential mortgage-backed securities companyThe banks have also stated that the newly formed company will have ten banks and financial institutions as its shareholders. They have not ...
Credit Suisse pays $495 million to settle legacy caseCredit Suisse said it would make the pay-out to settle claims brought by the New Jersey Attorney General related to the bank's residential ...
RBI committee recommendations to be credit positive for RMBSThe committee recommended linking of home loans pricing to an external, such as the repo rate.
Indian-origin founder of US-based hedge fund firm convicted for over $100 million securities fraudAnilesh Ahuja, also known as Neil, was the founder, CEO and chief investment officer of the Premium Point Investments LP (PPI), an investme...
RBI rate cut to benefit securitised home-loan books: Moody'sThe recent RBI cuts will help counterbalance the higher costs and help prevent further mortgage rate rises, Moody's said.
Moody’s sees stress in ABS deals backed by loan against property to SMEsDelinquency rates in ABS deals backed by loans against property to SMEs will increase in 2018, because of the tougher operating environment...
For analysts, Trump can literally make everything great againTrump's surprise win has given strategists a chance to unveil a host of new trade ideas after years of markets characterized by easy moneta...
Indian Securitisation Market grew 45% to around Rs 25,000 crore in FY2016Indian Securitisation market grew by 45% to around Rs 25,000 cr in FY2016, a reversal of past three years’ trend.
Expanded Sarfaesi Act credit positive for some NBFCs: Moody's"The move would be credit positive for lenders of loans against property. Residential mortgage-backed securities (RMBS) originated by NBFCs...
Securitisation can resolve infrastructure funding issues, says Moody'sMoody's has said securitisation is key to solve country's funding issues for longer gestation sectors like housing, infrastructure and urba...
Government's new housing policy faces challenges: ReportHousing finance companies are expected to grow their loan books by 20-22 per cent in 2015 and will need a whopping Rs 2 trillion in increme...
Issuance volume for securitisation drops 20% in FY13: ICRASecuritisation is a process through which illiquid financial assets are pooled and repackaged into marketable securities.
Securitisation of loans dips sharply in FY'13Securitisation of rated loans dipped 20% in FY’13 as corporate loan securitisation completely stopped during the year some, while some of t...
Structured finance ratings to remain stable in 2013: India RatingsRatings in the structured finance space are likely to remain stable in 2013 despite increasing stress on the asset quality front in some of...
- S&P may downgrade Kingfisher 2001-1D
Standard & Poor's Ratings Services today said that it has placed the rating on the A$10 million Series 2001-1D Class B notes issued by King...
- India growing fastest in structured finance
India is the fastest growing market for structured finance in the Asia-Pacific region, though the region, by and large, has remained unaffe...
- Private builders have to keep aside 10% for poor
It would now be mandatory for private builders to earmark at least 10% of their housing projects for economically weaker sections of the so...