Securitisation volumes have increased by 80%, reaching Rs 68,000 crore in the December quarter, according to ICRA.
The total volume estimate for the current fiscal year is adjusted to Rs 2.4 lakh crore, representing a 25% increase from Rs 1.92 lakh crore in FY24.
Private banks are a significant factor in this growth, as they continue to sell down portfolios despite deposit challenges.
Challenges in the non-banking financial company (NBFC) sector and increasing asset quality stress have been noted, particularly in vehicle and personal loans.
Approximately 60% of the total securitisation volumes were attributed to pass-through certificate (PTC) issuances, with different preferences among public and private sector banks.
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