Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Citi's asset-backed India securities book nears $1 bn
Mint Hyderabad
|November 27, 2025
Citigroup Inc.
's India unit has more than doubled its asset-backed securities book to nearly $1 billion in the last two years, ahead of schedule for a goal it set for itself in February.The bank will buy pools of loans primarily in the form of asset-backed securities, known locally as pass through certificates. One of the dominant buyers of securitized debt in India, Citi has sought to grow its book in an effort to boost liquidity and entice more investors to the market.
“This is an all-time high for Citi India and is expected to grow further in 2026” said K. Balasubramanian, chief executive officer (CEO) and banking head for the country, speaking in an interview.
Denne historien er fra November 27, 2025-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
Serentica may raise $8 bn for expansion
Serentica Renewables plans to raise between $6 billion and $8 billion over the next five years, to help fund acquisitions and build projects as it looks to more than double its clean energy capacity in India, a top executive said.
1 min
November 28, 2025
Mint Hyderabad
Avaada to invest ₹1 trillion in 5 years
Renewables-focused Avaada Group is aiming to invest ₹1 trillion across the country over the next five years as part of its expansion into both power generation and associated businesses.
1 min
November 28, 2025
Mint Hyderabad
Paint firms strengthen moats as competition heats up
A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.
2 mins
November 28, 2025
Mint Hyderabad
Sebi now trains sights on commodity derivatives
Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).
1 mins
November 28, 2025
Mint Hyderabad
VentureSoul closes first debt fund at ₹300 crore
VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.
1 min
November 28, 2025
Mint Hyderabad
Lok Sabha committee reviews insolvency law changes
The revised bill is likely to be tabled in the second or third week of December.
1 mins
November 28, 2025
Mint Hyderabad
CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD
Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots
8 mins
November 28, 2025
Mint Hyderabad
Diversification holds the key to reducing our trade vulnerability
India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets
4 mins
November 28, 2025
Mint Hyderabad
Paytm gets nod for payment aggregator
Fintech firm One97 Communications said its subsidiary Paytm Payments Services Ltd (PPSL) has got the Reserve Bank of India (RBI) permit to operate as a payment aggregator.
1 min
November 28, 2025
Mint Hyderabad
Consumers warm up to Bolt as it aces 10-min hunger games
A year after launch, Bolt is emerging as Swiggy's fastest-scaling bet.
2 mins
November 28, 2025
Listen
Translate
Change font size