Securitisation, per se, is a transaction in "instruments", which represents cluster of assets/receivables of identical nature, having a steady flow of inc
The Reserve Bank of India (RBI) feels that the banks have been neglecting their primary function of credit creation in favour of "narrow banking" for short-term gains.
The recent economic surge has been largely based on strong industry and agriculture, rising Indian and foreign investment and American-style consumer spending by a growing middle class.
Last Thursday, the Supreme Court (SC) upheld the constitutional validity of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act (2002). It is to hold good.
Smera, the credit rating agency for small-and medium sized enterprises floated by the Small Industries Development Bank of India (Sidbi), has completed...
