A structured mechanism utilized & envisaged by banks, NBFCs & financial institutions as a ring fenced & bankruptcy remote sale of financial assets or a pool of homogenous assets (Asset pool) in return for immediate cash payments
SOLUTIONS:
- Direct Assignment (DA)
- Pass Through Certificate (PTC)s
- Securitized Debt Instrument (SDI)
BENEFITS:
- Improves liquidity through upfront cash inflows
- Provides a diversified pool of uniform assets to banks & NBFCs