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Wednesday, Mar 10, 2004
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 Money & Banking - Securitisation


Andhra Bank to securitise home loans

Our Bureau

HYDERABAD: Andhra Bank has informed the Bombay Stock Exchange that it plans to securitise part of its housing loans by issue of pass through certificates for an amount of approximately Rs 42 crore.

Its housing loans portfolio has been assigned an `AAA (SO)' by Crisil.

More Stories on : Securitisation | Public Sector Banks | Housing Finance

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