Citibanks securitisation deals soar

20 Feb 2002

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Mumbai: Citibank India has crossed the Rs 1,000-crore securitisation threshold with the closing of a Rs 87-crore securitisation issuance for Tata Engineering, according to a press release issued here.

The bank has structured and arranged the securitisation of commercial vehicle hire-purchase receivables, auto-loans, construction equipment and mortgaged backed receivables.