THE RS 60,000-CRORE TIME BOMB.

The article provides information on the recent rates of asset-backed securities (ABS) in India. Consequently, chiefs in the domestic mutual fund (MF) are kind of disquieted by the impact on the economy, especially that it has affected a total of 60,000-crore rupees in the loan securities market. However, delinquencies in retail portfolios have accordingly not causing total paralysis though sudden slowdown of liquidity is observed, particularly in the securitization food chain.