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Centurion Bank's securitisation effort
NEW DELHI: Centurion Bank has successfully securitised its second pool of retail two-wheeler loans aggregating Rs. 78.40 crores. "Pass Through Certificates" (PTCs) were placed with institutional investors comprising mutual funds and banks. This transaction is part of the on-going securitisation programme put in place by the bank, which allows it to raise liquidity against its loans portfolio and deploy capital more effectively, a company release said here. — Our Staff Reporter
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