Annual Report 2012-13 - India Infoline Finance Limited

Business segments
D. Capital Market Finance
12%
₹12.7 bn
Assets under management
Highlights, 2012-13
Assets under management grew
58.33%% to ` 12.7 bn.
Capital market loan origination was
sourced through direct sales, branch
network, retail and wealth teams, as
of March 31, 2013.
Overview
loans against securities, margin
funding for broking clients, IPO
were secured by the pledge of listed
equity shares, vested ESOPs, mutual
fund units, structured notes bonds,
debentures and collaterals approved
by the credit policy.
The maximum tenure for capital
the average tenure was three to
four months. The target customers
comprised promoters, high net
worth individuals, corporates and
entities, private trusts or partnership
of individuals and limited liability
partnerships.
in our margins, rapid execution of
structured and unique transactions,
higher single party and group
exposure over peers, competitive
interest rates and best-in-class loan
management system, ensuring a
superior client experience.
Collateral and risk
management
The prices of securities are
updated daily on the basis of the
stock exchanges. On volatile days,
clients are intimated, in case of any
margin shortfalls.
The collateral in the loan
management system is matched with
securities lying with depositories on
a daily basis through an automated
process.
Margin calls are sent to clients
daily; in the case of a shortfall when
the client was unable to meet margin
calls, the loan value was realised
through the sale of securities.
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