The March quarter recorded the highest securitisation volumes since the beginning of the pandemic, with securitisation of retail loans accounting for 90% of the total share. In FY23, mortgage-backed loans formed the largest chunk of the overall volumes at 33%, followed by vehicle loans at 28%. Microfinance loans accounted for 20% of the total share.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3