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Attorney General Soli J Sorabjee today defended the Securitisation Act in the Supreme Court. The Court was hearing petitions challenging the constitutional validity of the Act empowering financial institutions to securitise assets of defaulting companies. The act was passed to...
#banks#financial institutions#interest
French credit insurer Euler & Hermes (F.EUL), which is 67.4%-owned by Assurance Generales de France (F.AGF), said Thursday its net…
#interest#interest rates#securitisation
The Chamber of Commerce (PHDCCI), in its pre-Budget memorandum, has urged the Government to review the Securitisation Act, provide longer…
#conference#financial institutions#investment
A report by Moody's Investors Services, last year confirmed the UK and Ireland as the biggest player in the European…
#economy#interest#securitisation
Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…
#bank#banks#funding
The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…
#bank#guarantee#securitisation
A new federal bill, The Structured Settlement Act (HR 5421), was introduced on 6 October 2000. This legislation is intended…
#insurance#securitisation#trade