In an Indication that stress of demonetisation is over, Fitch Ratings said vehicle loan collections returned to normal in February
2 min read22 May 2017In other news, cement prices in south recover sharply in April
1 min read12 Apr 2017Asset backed securities, or ABS, is a financial security which is backed by assets other than real estate
1 min read13 Feb 2017With the financial crisis raging in January 2009, Milan Patel and a handful of colleagues hit upon the trade of their life, racking up returns of as much as 800%
6 min read18 Feb 2016The central bank settled 233 million of ABS purchases last week, down from 368 million in the programme'sfirstweek
1 min read9 Dec 2014ECB executive board member, Yves Mersch, says the purchase program will guarantee price stability in the euro area
1 min read11 Nov 2014Of the region's 2.6 trillion covered-bond market, the ECB will only buy assets acceptable under its collateral framework for refinancing loans
3 min read28 Oct 2014It is an instrument created by securitizing loans
2 min read9 Sep 2014US Fed should change tack on securitization
4 min read15 Apr 2009Credit lifeboat comes with moral hazards
1 min read15 Oct 2007The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared