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Securitisation Volume Reaches Record ₹1.47 Trillion in H1 FY27: ICRA
Securitisation volumes surged 42% year-on-year to ₹1.47 trillion in H1 FY27, driven by gold loan securitisation and vehicle loan recovery, according to ICRA.
Confidence: 95%Sentiment: NeutralHigh Priority
What Happened?
Securitisation volumes surged 42% year-on-year to ₹1.47 trillion in H1 FY27, driven by gold loan securitisation and vehicle loan recovery, according to ICRA.
AI Quick Summary
Securitisation volumes hit ₹1.47 trillion in H1 FY27, driven by gold and vehicle loans, marking a significant recovery in the lending market.
Key points
- Securitisation volumes rose 42% year-on-year to ₹1.47 trillion in H1 FY27.
- Gold loan securitisation saw a significant increase, nearly 1.5 times compared to last year.
- Vehicle loans accounted for one-third of overall securitisation volumes in H1 FY27.
- The second quarter saw volumes reach ₹86,000 crore, supported by gold and vehicle loans.
- Securitisation volumes were evenly split between pass-through certificates and direct assignments.
Key insights
- The strong growth in securitisation could support ICRA's estimate of at least ₹2.6–2.7 trillion for FY27.
- Increased activity in gold loans may lead to more lenders entering the market.
- The reliance on securitisation by NBFCs highlights ongoing funding challenges in the sector.
Why it matters
The rise in securitisation volumes indicates a recovery in the lending market, particularly in gold and vehicle loans.
Source
Business Standard
