Securitisation volumes in India surged by 80% year-on-year, reaching Rs 68,000 crore in the December quarter. ICRA revised its FY24 estimate to Rs 2.4 lakh crore. Growth was primarily driven by private banks, despite challenges in deposit growth and asset quality concerns in personal and unsecured business loans.
Related Posts
Sebi imposes Rs 9 lakh penalty on BGR Energy Systems for disclosure lapses
The Securities and Exchange Board of India (Sebi) has levied a Rs 9 lakh fine on BGR Energy Systems for non-compliance with disclosure norms and […]
Apple debuts iPhone 16 with AI features
Apple has launched its AI-boosted iPhone 16, equipped with the A18 chip and an aluminium back. This announcement comes as Huawei’s tri-fold phone garners over […]