In its most basic sense, securitization is the process of turning assets into securities. It is the process by which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the packaged instruments to investors. Securitization is a process by which a company clubs its different financial assetsContinue reading “Securitization Process”
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Evolution of Banking in India
Section 5 of the Banking Regulation Act, 1949 provides the definition of Banking as: “Banking is the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawal by cheque, draft, order or otherwise” The financial sector of a country is very critical forContinue reading “Evolution of Banking in India”
