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What are Asset Backed Securities?
Asset Backed Securities(ABS) are fixed income instruments, which pools different type of loans and which are sold as securities. These are usually backed by credit card receivables, student loans, auto loans etc., other than  mortgage backed. ABS has evolved from Mortgage ...

Govt bonds worth Rs 2,521 crore to be auctioned for FIIs
The National Stock Exchange (NSE) will auction on Monday government debt securities worth Rs 2,521 crore for overseas investors, whose total investment has crossed 97 percent of the permitted limit. The auction follows robust interest shown by foreign investors for ...
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