securitisation in A Sentence

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    No Securitisation Company or Reconstruction Company.

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    The Securitisation Company or Reconstruction Company.

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    Issue the final guidelines on reset of credit enhancement in Securitisation by end-June 2013.

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    Recovery charges under the Securitisation and reconstruction of financial assets and enforcement of security interest act, 2002:.

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    Take Over of the Management of the Business of the Borrower by Securitisation Companies and Reconstruction Companies.

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    Certain security interest must also be registered with the Central Registry of Securitisation Asset Reconstruction and Security Interest of India(CERSAI).

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    The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002(also known as the SARFAESI Act) is an Indian law.

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    No Securitisation Company or Reconstruction Company shall take the measures specified in Section 9(b) of the Act, until the Bank issues necessary guidelines in this behalf.

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    According to MFIs, one of the factors behind the rise in Securitisation deals was State Bank of India's(SBI) decision to buy portfolios worth Rs 45,000 crore from NBFCs.

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    (1) Every Securitisation Company/Reconstruction Company shall, within the planning period, formulate a plan for realisation of assets which may provide for one or more of the following measures namely,

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    (iii) The Board of Directors of the Securitisation Company or Reconstruction Company may increase the period for realisation of financial assets so that the total period for realisation shall not exceed eight years from the date of acquisition of financial assets concerned.

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    Any structure with different seniority levels among investors(e.g. Securitisation vehicles)- When the LTA(in terms of paragraphs above) is required for an investment in a structure with different levels of seniority, the exposure value to a counterparty should be measured for each tranche within the structure, assuming a pro rata distribution of losses amongst investors in a single tranche.

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