ICICI_bank_personal_loan_india
53
Sucessfull comeback for Securitisation market
With interest rates softening and credit demand easing, banks have revived their interest in asset securitisation. According to sources, public sector banks (PSBs) are receiving offers from private banks keen to sell a part of their portfolio through the securitisation route.
Recently, Icra had rated about Rs 1,800-crore securitised paper of ICICI Bank, which had personal loans as its underlying asset. This is the largest pool of personal loan securitised by a bank in the Indian market."Most banks have booked loans at very good rates. Going forward, if rates soften or even if they remain stable, securitisation market will gain momentum," said Prasad Koparkar, head of structured finance at Crisil. "Besides, yields on a 'AAA' securitised paper are 50-75 basis points higher compared with other 'AAA' paper," he added.Latest news for ICICI Personal loan...
- Bank loans: The trend in 2009 - Moneycontrol.com
Bank loans: The trend in 2009 Moneycontrol.com BankBazaar.com - An online marketplace where you can instantly get loan rate quotes, compare and apply online for all your personal loan, home loan and ... and more » - 4 days ago
- What 2009 was like for HDFC Bank - Rediff
Rediff What 2009 was like for HDFC Bank Rediff Similar to other private leading banks, HDFC bank has been going slow on the riskier personal loans segment (which provides higher income). ... and more » - 5 days ago
- Long-term debt programs of Indian firms rated by ICRA : PART II - Reuters India
Long-term debt programs of Indian firms rated by ICRA : PART II Reuters India A1 LAAA(SO) 3032.92 Assigned ICICI Bank Ltd. (Indian Retail ABS Trust Series 68) Second Loss Cr Collateral LBBB(SO) 80.1 Assigned ICIC Bank Personal ... and more » - 2 weeks ago
- ICICI intensifies competition in home loan segment - Rupee Times
Straits Times ICICI intensifies competition in home loan segment Rupee Times ICICI bank, in a bid to increase its share in home loan segment, is offering a fixed rate of 8.25 percent for the first two years and ... Markets fall deeper into the redIndia Business Blog (blog) all 71 news articles » - 4 weeks ago
Other banks caught in phishing net too
If you thought that ICICI Bank alone had smelt something 'phishy' in a site that impersonated its own, you would be wrong. HDFC Bank, another banking major, has a phishing site too.
f that were not enough, other banks like IDBI, ICICI Bank Home loans, HSBC, Standard Chartered, ABN personal loans, Bank of India and Kotak Mahindra too have their phishing sites.Cyber security experts say phishing sites are created by hackers with the intention of extracting essential information from victims such as their usernames and passwords.The basic idea is that they lead you to pop-up pages that ape the ones originally put up by the bank. The pages ask you for your phone numbers and email IDs...Personal loan, opened way for meaningless expenditures
Despite heady growth numbers, there are growing fears of overspending by individuals and households. In what indicates some nervousness in the personal loan market, India's biggest rating agency Crisil has downgraded a securitised pool of personal loan portfolio issued by ICICI Bank.
This is the first time that a securitised paper has been downgraded in the Indian market. Crisil lowered the rating - series A1 and A2 by two notches from AAA to AA. Securitisation is a mechanism through which banks palm off loans from their books to another vehicle which issues pass through certificates (PTCs) or securitised papers to investors. PTCs are services from interest earnings on loans that the vehicle holds. The credit pool size at the time of issuance was Rs 314 crore of principal and about Rs 86 crore of interest component.Key Benefits of ICICI Bank Personal Loan
->Loan up to 15 lacs
->No security/guarantor required->Faster Processing->Minimum Documentation->Attractive Interest Rates->12-60 Months repayment optionsPrintShare it! — Rate it: up down flag this hub
Alexander says:
6 months ago
I need personal kindly contact me - 09962174749 from chennai.