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Investegate announcements from ASA Intnl. Grp PLC, Preliminary Results Part 2

Rising Covid cases to subdue securitisation market: ICRA Rising Covid cases to subdue securitisation market: ICRA Last Updated: Fri, Apr 9th, 2021, 09:41:16hrs New Delhi: Rising Covid cases are expected dampen the securitisation market, affecting fund-raising for NBFCs in the near term, ratings agency ICRA said. "Despite the healthy activity seen in the securitisation market in Q4FY2021, the rising Covid-19 cases may again create uncertainty among the investors," Abhishek Dafria, Vice President and Head, Structured Finance Ratings at ICRA, said in a report. "On a positive front, the lockdowns...

Fears of stricter lockdown amid the second wave of coronavirus infections may affect asset quality of retail loans, thereby impacting the fund-raising ability of housing finance and non-banking finance companies through the securitisation route, according to a report. Securitisation is the process of pooling and repackaging homogenous illiquid financial assets into marketable securities that can be sold to investors. Securitisation volume, which stood at Rs 85,000-90,000 crore during the financial year 2020-21, is expected to rise by 40-50 per cent year-on-year in the current fiscal (2021-22...

Rising Covid cases to subdue securitisation market: ICRA ​ By IANS | ​ 2 Views ICRA. (Photo: ICRA). Image Source: IANS News New Delhi, April 8 : Rising Covid cases are expected dampen the securitisation market, affecting fund-raising for NBFCs in the near term, ratings agency ICRA said. "Despite the healthy activity seen in the securitisation market in Q4FY2021, the rising Covid-19 cases may again create uncertainty among the investors," Abhishek Dafria, Vice President and Head, Structured Finance Ratings at ICRA, said in a report. "On a positive front, the lockdowns announced by a few ...