ICRA predicts FY24 securitisation volumes at Rs 1.88 lakh crore, with robust growth in NBFC/HFC loans.

ICRA estimates annual securitisation volumes for FY24 at Rs 1.88 lakh crore, with a comfortable volume cross of Rs 1 lakh crore in FY25. Despite the HDFC Limited merger impact, volumes grew 4% YoY. Securitisation market is expected to be largely dominated by the retail asset class, accounting for 95% of the market. ICRA also anticipates loan securitisation volumes of NBFCs and HFCs to rise 20-25% in FY23 due to improved economic activities and funding needs.

April 04, 2024
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