Tuesday, March 15, 2011

MAJORITY OF ABS RATED BY ICRA SHOWS STRONG CREDIT PERFORMANCE

Ratings agency ICRA said a majority of the 73 asset-backed securitization (ABS) rated by it continued to demonstrate strong credit performance. The total amount securitized was around Rs. 17,255 crore and the cash collateral utilization in most pools has been low to moderate.

0 comments:

Post a comment