Securitisation volumes jump 70% to Rs 35,000 cr in Q1: CRISIL report

Securitisation volumes increased 70 per cent to Rs 35,000 crore in the April–June quarter (Q1FY23) of FY23, aided by economic activity picking up and the low base of last year, said a report by rating agency CRISIL on Thursday.

The Reserve Bank of India defines securitisation as transactions where credit risks in assets are redistributed by repackaging them into tradable securities. In Q1FY22, securitisation volumes of Rs 20,000 crore was reported as volumes took a hit due to the second wave of the pandemic.

Volumes could have been higher in Q1FY23 if not for high inflation and higher interest