187 | Annual Report | 2023-2024 A) Securitisation As at 31 March 2024 As at 31 March 2023 B) On-balance sheet exposures (a) First loss in the form of 14,557.96 29,486.76 (i) Fixed deposits 6,189.48 13,708.76 (ii) Over collateral 8,368.48 15,778.00 (b) Others 4) Amount of exposures to securitisation transactions other than MRR a) Off-balance sheet exposures (i) Exposure to own securitisations - First loss - - - Others - - (ii) Exposure to third party securitisations - First loss - - - Others - - b) On-balance sheet exposures (i) Exposure to own securitisations - First loss - - - Others - - (ii) Exposure to third party securitisations - First loss - - - Others - - 5. Sale consideration received for the securitised assets and gain/ loss on sale on account of securitisation (#) 94,561.61 1,55,827.81 6. Outstanding value of services provided by way of, liquidity support, post-securitisation asset servicing, etc.(*) 49,372.03 87,917.97 7. Performance of facility provided viz. credit enhancement, liquidity support, servicing agent etc. Credit enhancement: (a) Amount paid 19,599.99 (18.15%) 34,320.73 (19.45%) (b) Repayment received 5,042.03 (4.67%) 4,833.97 (2.74%) (c) Outstanding amount 14,557.96 (13.48%) 29,486.76 (16.71%) Servicing agent: (a) Amount paid 2.50 1.60 (b) Repayment received - - (c) Outstanding amount - - 8. Average default rate of portfolios observed in the past in respect of microfinance loans Nil Nil 9. Amount and number of additional/ top up loan given on same underlying asset. Nil Nil 10. Investor complaints (a) Directly/Indirectly received and; Nil Nil (b) Complaints outstanding Nil Nil (*) The total amount of securitised assets includes over collateral of `8,368.48 lakhs (March 31, 2023: `15,778.00 lakhs) (#) There are no gain/ loss on account of securitisation. Note 46: Disclosures pursuant to the RBI Master direction circular RBI/DoR/2023-24/106 DoR.FIN.REC. No.45/03.10.119/2023-24 (Cont'd) iv) Disclosures relating to Securitisation (Cont'd) Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2024 (Contd.) (All amounts in ` lakhs unless otherwise stated)
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