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Cash-starved NBFCs, HFCs raise Rs 73,000 cr in Q3 by securitising SME loans

Domestic securitisation market volumes touched all-time high of Rs 1.44 trn during the nine months to December 2018, as compared to Rs 84,000 crore for the entire fiscal 2018

Topics
Retail Loans  |  Market News  |  Securitisation

Abhijit Lele  |  Mumbai 



loans
Photo: Shutterstock

In urgent need of funds, non-banking companies (NBFCs) and housing companies (HFCs) sold retail and SME loans worth Rs 73,000 crore in October-December 2018 mostly to banks through securitisation, according to rating agency Icra.

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First Published: Mon, January 07 2019. 14:46 IST

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