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[object Object],[object Object],In the last two lessons, we covered the financial instruments - CPs and CDs & I hope you are now clear with these concepts!
Understanding Pass Through Certificates  –  By Prof.  Simply  Simple ,[object Object],[object Object]
[object Object],[object Object],[object Object],Why do they do this?
[object Object],[object Object],[object Object],Now…
[object Object],What happens when the borrower starts to default? …
Bank Issues  PTCs Borrower Approaches Bank SPECIAL PURPOSE VEHICLE  CREATED NBFCs & MFs Lend Money Borrower Repays NBFCs & MFs How PTC’s work!!
PTCs are also used to ensure that banks maintain their liquidity as per the statutory guidelines of the Reserve Bank and at the same time continue lending.  We will discuss more about this in another lesson!
[object Object],[object Object],[object Object],[object Object],To Sum Up
[object Object],[object Object],In case of any query, please e-mail  [email_address]

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Pass through certificates

  • 1.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. Bank Issues PTCs Borrower Approaches Bank SPECIAL PURPOSE VEHICLE CREATED NBFCs & MFs Lend Money Borrower Repays NBFCs & MFs How PTC’s work!!
  • 7. PTCs are also used to ensure that banks maintain their liquidity as per the statutory guidelines of the Reserve Bank and at the same time continue lending. We will discuss more about this in another lesson!
  • 8.
  • 9.