Would greatly appreciate it if anyone could let me know the general flowthrough/reconciliation between disbursements and AUM for a typical NBFC.
My understanding is that disbursements are the principal loan amounts disbursed during any particular period; this then gets aggregated into your AUM, which generally tends to get reflected in the BS as financial receivables. Is this right? Does it go anywhere else? Now part of these loans are also generally securitised and taken off balance sheet. The money from this securitisation goes back into the BS as assets or some place else and then I’m assuming the securitised inflow is amortised as income during the said period of the loan?