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"Wealth creation through systematic investment"

We all are investing to make more than what we have invested so that we can have more purchasing power in future.

Shared here are some of the ideas on how to create wealth out of your savings through systematic and organised investing in all spheres of investment portfolio. Effort here is to identify those areas where investment could fetch greater returns in long term perspective

We believe there should be mix of insurance policies, equities, bonds/ debt instruments, mutual funds, precious metals, real estate properties, loans in your portfolio to make your investment wealthy.

Investing in stock market, debt instruments, mutual funds, real estate without proper evaluation are prone the risk of 'loss of capital' due to general financial risk of market, promotors & operators not acting in bonafide interest of small investors etc

The issues posted here are only a fig of a tree and investor who are investing their hard earned money are advised to independently analyse the issues or consult an investment advisor before making any decision.

"CAUTIONARY NOTE" - this blog is not responsible for any loss, whatsoever . please do consult an investment advisor if your not able to evaluate the investment / economic / risk scenario independently

feel free to contact us at
sherkochiraj@indiatimes.com or at rmanjuesh@gmail.com


Saturday, September 25, 2010

Indiabulls Financial Services securitised 30% of loan portfolio

Indiabulls Financial Services Limited securitised 3771 crore of its loan book upto 31 March 2010 as against Rs 12550 crore outstanding as on 30 June 2010. This will enable the company to sell off the assets through SPV and fund its loan book which growing at 35% CAGR over three years

Indiabulls Financial Services Limited has entered into various agreements for the assignment/securitisation of \ loans with assignees, wherein it has assigned/ securitised a part of its secured and unsecured loan portfolio amounting to Rs. 3770.57 crore upto March 31, 2010, being the principal value outstanding.
Due to foreclosures and repurchase transactions with different assignees during the year, the Company has reinstated the repurchased loan balances in the books of account aggregating to Rs. 252.40 crore The Company has also reversed the proportionate upfront income so accounted on assignment/securitisation.

The company will now able to transfer these securitised as a portfolio and offer the same for sale to investor and realise funds to meet its growth need without depending on shareholder to fund for fund requirements

In traditional loan business the loans lend by a financial instiutions continued in book of lender until it is closed by the borrower

In modern loan business followed by IBFSL the loans lend by financial instituions are securitised and sold off as bonds through SPV thus realising money before final settlement by the borrower. In this scheme the lender get money for funding the loan book instantly rather than waiting for borrower to repay the loan

1 comment:

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    ReplyDelete

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