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ICICI
to securitise Rs 475 cr of mortgage-backed loans |
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ICICI is all set to hit the
market with a Rs 475-crore securitised issue of mortgage-backed
corporate loans. The tenure of these bonds is seen at about
four to five years and may be priced closer to 11 per cent thereabouts,
sources say. |
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Crisil
downgrades Sidbi bonds to AA+ |
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The Credit Rating Information
Services of India has downgraded the Small Industries Development
Bank of India’s outstanding bond issue to “AA+” from “AAA”.
However, it has reaffirmed Sidbi’s Fixed Deposit programme at
“FAAA”. |
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PSU
banks account for 53.4% of total deposits |
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Nationalised banks accounted
for 53.4 per cent of the total aggregate deposits in the banking
industry with the State Bank of India and its associates accounting
for 24.8 per cent. |
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NHB
to introduce asset-liability management |
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The housing finance industry
in the country is on the verge of witnessing major developments
in line with international best practices. |
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