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We will now begin a new journey to build a new India, says Narendra Modi

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
Finance

IL&FS default shows ABS servicer continuity risk: Fitch

Updated : October 12, 2018 06:17 AM IST

 Recent defaults by Infrastructure Leasing and Financial Services (IL&FS) have highlighted the continuity risks of the country's asset-backed security (ABS) servicers, Fitch said in its report Thursday.
It further said the failure of IL&FS has significantly undermined market sentiment towards the country's non-bank financial institution (NBFI) sector and their ABS issuance.
Transaction flow has stalled and there is a rise in yields on the securitisation notes of NBFIs, it added.
IL&FS default shows ABS servicer continuity risk: Fitch
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