{"id":839051,"date":"2024-07-31T09:35:39","date_gmt":"2024-07-31T04:05:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839051"},"modified":"2024-07-31T09:37:15","modified_gmt":"2024-07-31T04:07:15","slug":"navi-finserv-closes-38-mn-personal-loan-securitisation-deal-with-jp-morgan","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/31\/navi-finserv-closes-38-mn-personal-loan-securitisation-deal-with-jp-morgan\/","title":{"rendered":"Navi Finserv closes $38 mn personal loan securitisation deal with JP Morgan"},"content":{"rendered":"<p>Navi Finserv, the non-banking financial company (NBFC) arm of Navi Technologies, on Tuesday announced that the company had closed a $38 million personal loans securitisation deal with US-based J.P. Morgan. <\/p>\n<p>The Bengaluru-based company will use the funds to expand and grow its personal loans business. <\/p>\n<p>The transaction between the two firms, structured in the form of pass-through certificates (PTC), will be backed by a pool of unsecured personal loans. It will be originated and serviced by the NBFC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Navi Finserv, the non-banking financial company (NBFC) arm of Navi Technologies, on Tuesday announced that the company had closed a $38 million personal loans securitisation deal with US-based J.P. Morgan. The Bengaluru-based company will use the funds to expand and grow its personal loans business. The transaction between the two firms, structured in the form of pass-through certificates (PTC), will be backed by a pool of unsecured personal loans. It will be originated and serviced by the NBFC.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-839051","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839051"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839051\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}