Yubi has facilitated a PTC (Pass-Through Certificates) transaction between India’s largest public sector bank and one of the largest Microfinance (MFI) financiers in India.
SBI has chosen CredPool – Yubi’s securitization platform – to conduct its first-ever PTC transaction, reflecting confidence in its seamless integration and execution capabilities. The PTC worth Rs 70 crore with Muthoot Microfin Ltd is rated as ICRA A.
The deal continues to reaffirm the acceptance of our platform by prominent stakeholders – originators as well as investors, especially public sector banks. This landmark deal aims at expanding the credit portfolio of the investors, besides building liquidity.
In addition to the execution of Securitization and Direct Assignment transactions, CredPool comprehensive product suite is committed to serving its stakeholders’ varying needs. Along with end-to-end execution for a range of securitization structures across asset classes, the platform is also helping banks to implement an automated process for identifying non-performing assets without manual intervention.
Today, the Yubi platform boasts 500+ lender/investors, with transaction volumes over Rs. 65,000+ crores since inception on both- transaction discovery and fulfilment modules. We look forward to entering more such tie-ups, helping build a more comprehensive ecosystem for the lending industry, reaching even the most remote.
