Securitisation volumes to sustain growth in FY25: India Ratings financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The retail asset securitisation volumes in the secondary market rose 17 percent on-year to an all-time high of Rs 2.05 lakh crore in FY24, according to a CareEdge report dated April 10.
IBC reforms may improve NPA recovery, says Ind-Ra financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
While the insolvency and bankruptcy code (IBC) has had a profound positive impact on India s insolvency landscape, the resolution process has seen a divergence from its legislative intent of a faster and higher recovery of stressed assets because of litigations at various stages and judicial delays, says a research note.
The recent judgment by the Supreme Court of India on the time-bound redemption rights of borrowers is advantageous for asset reconstruction companies (ARCs) as it protects genuine auction purchasers, reduces uncertainty, and maintains the sanctity of the auction process.