Retail & Fashion
Retail Asset Securitisation Crosses ₹1L Cr, Poised for an All-time High
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Author: DISHA PRAFUL SUKHANI
The securitization market had a strong start in the current fiscal year, with a total volume of ₹55,000 crore in Q1FY24. This momentum has continued throughout the first half of the fiscal year, with the cumulative volume for H1FY24 surpassing ₹1,00,000 crore, as estimated by CARE Ratings. This figure includes both pass-through certificate (PTC) issuances and direct assignment (DA) transactions. The growth has been primarily driven by robust credit expansion and a sustained demand for loans that meet Priority Sector Lending (PSL) norms. Retail_Asset_Securitisation_-_Volume_Crosses_Rs__1L_Cr_mark_in_H1FY24