
‘Collection ratios in securitised pools see dip’
The Hindu
‘Commercial vehicle, MSME classes hit’
Ratings agency Crisil Ratings on Wednesday said collection ratios in securitised pools had seen a dip during the second wave of the COVID-19 pandemic. The agency said unlike in the first wave, the decline in the second wave had not been as sharp for two reasons — localised restrictions limited the impact on business activity, and lack of moratorium meant that borrowers could not postpone their debt repayments. Securitisation is the process of pooling and repackaging of homogenous illiquid financial assets into marketable securities that can be sold to investors.More Related News