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On the completion of MBA degree student have hand on experience, which proves very helpful in future business environment.
During our training we were in the finance department of Sonalika(International Autotrac Finance Limited) which deals in financing vehicles and there we learnt the disbursement process, cash management system and securitization process which means to convert illiquid assets into liquid assets. Even our project was on the topic Securitization.
• Overview of Company
• Overview of Securitization
• Objective of Securitization
• Process of Securitization
• Diagram of Securitization
• Diagram of Credit Enhancement
• Types of Securitization
• Types of assets can be securitized
• Case Study of Financial Institution
Established in 1969, Sonalika group from the very beginning has tried to understand customer need so that they get better value for their money, hard earned. Sonalika has state of manufacturing, spread in acres, located at Hoshiarpur and tax free zone at Amb in Himachal Pradesh. Sonalika is the one of the top 3 tractor manufacturing companies in India, other products include of, multi utility vehicles, engines and various farm equipments. Today the group stands tall with an approximate turnover of 3200 core INR. An average growth of 30% makes it one of the fastest growing corporate in India. Its also one of the few debt free companies. Group has strength of about 2000 employee & technocrats. History reveals that innovation is the key to continued progress and when applied to technology that touches human life, it can unfold a whole new economic phenomenon that has the power to change the world. With unique initiatives like the thought leadership forum, leadership forum, we have been able to create a unique platform for learning through success stories of industry leaders.
• International Tractors Limited
• International Cars and Motors Limited
• International Autotrac Finance Limited
• Sonalika Agro Industries Corporation
Securitization is a process through which illiquid assets are transformed into more
liquid form and distributed to a broad range of investors through capital markets. The
process involves packaging of individual homogenous loans and distributed among
various investors in the form of Coupons or Pass through certificates or Pay through
certificates through a SPV.
For the purpose of distinction, the conversion of existing assets into marketable securities is known as asset-backed securitization and the conversion of future cash flows into marketable securities is known as future-flows securitization.
The process of Securitization in India is governed by The Securitization and
Reconstruction of Financial Assets and Enforcement of Security...