HDFC Bank sold a Rs 5000 crore loan portfolio to an undisclosed buyer in June. The bank had last done such a transaction more than a decade ago, Chief Financial Officer Srinivasan Vaidyanathan said last month.
In FY22, the issuance volume rose to Rs 14,540 crore which was double that of FY21, Icra said
India's introduction of three significant regulatory changes will have transformative implications for the structured finance market, Moody's Investors Service said on June 20
Liquid funds are open-ended debt schemes that invest in short-term money market instruments such as Treasury Bills, Pass Through Certificates, Certificates of Deposit and Commercial Papers. These funds can invest in instruments upto a maturity of 91 days.
The Indian securitisation market is not seeing any takers especially after pass through certificates came under the tax department's scanner earlier this year. The task of reviving this market now falls on the finance ministry, reports CNBC-TV18's Mitra Joshi and Ashmit Kumar.