Securitisation

Securitisation volumes likely to have touched Rs 60,000 cr in Q2: Icra

HDFC Bank, in its quarterly update, said it has securitised Rs 19,200 crore of loans in Q2FY25 as a strategic initiative to lower its elevated credit-deposit ratio

Banks take securitisation route for liquidity, lower credit deposit ratio

Rating agency ICRA estimates Rs 45,000 crore to Rs 50,000 worth of securitisation and direct assignment deals in the July-Sep quarter

Securitisation volumes back to historic high after HDFC twins' merger

Housing finance company accounted for 23% of the FY23 volumes of around 1.8 trillion

Securitisation of loans by SFBs to cross Rs 10,000 cr in FY2024: ICRA

Fundraising by small finance banks (SFBs) through securitisation is expected to exceed Rs 10,000 crore in FY2024 against Rs 6,400 crore in the previous year, rating agency ICRA said on Tuesday. The third quarter of FY2024 alone witnessed the quarterly record high securitisation volumes of about Rs 4,200 crore, ICRA said in a release. "The market share of SFBs in the securitisation market would accordingly touch a peak of 6 per cent in FY2024 from levels of sub-2 per cent prior to FY2022," it said. In FY2024, ICRA said six SFBs raised funds through this route against four in FY2023 and only two in FY2022. "The increase in the number of SFBs securitising their assets signals a deepening of the domestic securitisation market, as it provides them an alternative route to raise funds to sustain their growth momentum," it said. Abhishek Dafria, Senior Vice President and Group Head - Structured Finance Ratings at ICRA said the securitisation market has traditionally been dominated by ...

Securitisation in personal loan segment may see temporary pause: ICRA

The sale of personal loan retail pools may see a temporary pause after the RBI's decision to increase the risk weights on unsecured asset classes of banks and non-banking financial companies (NBFCs) by 25 per cent, a report said. The sale of personal loan pools by NBFCs amounted to about Rs 1,150 crore in FY 2023 and had already crossed Rs 800 crore in H1 FY2024 (i.e. 4x of the volumes done in H1 FY2023), Icra said in a statement. Such transactions had picked up momentum, given the growing financing requirements for the NBFCs to meet the strong credit demand for consumer and personal loans in the country, coupled with the growing appetite for personal loan asset class by the banks that were purchasing these loan pools, it said. The rating agency expects the pace of personal loan sell-downs to taper at least in the near term, following the increase in capital requirements on such loans for the purchasing banks, which would, thereby, augment the costs for all parties. While ...

Securitisation volumes surge 60% YoY at Rs 53,000 crore in first quarter

Securitisation involves pooling of loans and selling them to a special purpose entity, so that a lender gets liquidity upfront on the assets it has originated

'Securitisation of Samruddhi Expressway's rights will fetch Maha Rs 50k cr'

Maharashtra will earn Rs 50,000 crore from the securitisation of rights of the Mumbai-Nagpur Samruddhi Expressway, which can be loosely termed as a sale, and it will ease the financial burden on the state over its construction, Deputy Chief Minister Devendra Fadnavis said on Thursday. The 701-kilometre six-lane corridor, which is being built at an estimated cost of Rs 55,000 crore, passes through 10 districts and the 520-kilometre Nagpur to Shirdi stretch was inaugurated in December last year. Speaking at an event organised by Marathi news channel Mumbai Tak, Fadnavis said, "By securitising the rights, which loosely can be described as sale, Maharashtra government will earn Rs 50,000 crore. With this, the state will be free in the next two years from the debt of constructing the Samruddhi Expressway." "It will remove the state's financial burden and the money raised through securitisation can be used for other issues," he added. Asked about Maharashtra lagging behind some other ..

Securitisation of stressed assets: RBI floats paper on regulatory purview

Securitisation refers to a process that includes the pooling of loans and then selling them to a Special Purpose Entity which then issues securities backed by the loan pool

Securitisation volumes see over 40% YoY uptick in 9-month of FY23: Crisil

The commercial vehicle segment witnessed 31 per cent growth and microfinance segment saw 14 per cent growth in the securitisation market

Securitisation volumes likely to jump to Rs 1.70 trn in FY23: Icra

Securitisation volumes for FY23 can reach Rs 1,70 lakh crore, as against Rs 1,26,500 crore in FY22, a domestic rating agency estimated on Wednesday

Revised RBI guidelines on securitisation likely to impact short-term loans

But they are unlikely to disrupt the securitisation market as such loans constituted only 5% of the total securitisation volume in H1FY23

Retail assets securitisation volumes rise 113% to Rs 33,000 cr in Q1 FY23

Retail assets securitisation volumes witnessed a sharp rise of 113% year-on-year to Rs 33,000 crore in first quarter of financial year 2022-23

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

The Reserve Bank of India defines securitisation as transactions where credit risks in assets are redistributed by repackaging them into tradable securities

Securitisation value rises 50% to Rs 1.35 trn in FY22: Report

Disbursements also picked up, necessitating incremental funding requirements. More than 130 financing entities securitised their assets in the past 12 months

Micro-loan securitisation volumes may see impact in Q4 due to Covid: Icra

The securitisation volumes in microfinance loans, which saw improvement in the first nine months of FY22, may witness some impact in the fourth quarter due to concerns over the third Covid-19 wave

Securitisation volume growth slows to 8% in December quarter: Report

The cumulative value of deals executed in the first nine months of this fiscal stood at approximately Rs 80,000 crore

Surge in Covid-19 cases, localised curbs to hit securitisation: ICRA

ICRA said it expects the full year volumes (FY22) to be around Rs 1 - 1.1 trillion, marginally lower than its earlier estimates of about Rs 1.2 trillion.

Gold loan securitisation volume stands at Rs 4,400 cr in H1 FY22: Report

Gold loan securitisation volumes stood at around Rs 4,400 crore in the first half of the current fiscal, same as volumes seen in the year-ago period, Icra Ratings said in a report on Wednesday

Securitisation volume more than doubled to Rs 50,000 cr in H1 FY22: Report

Securitisation volume more than doubled to Rs 50,000 crore in the first half of the current fiscal year, Crisil Ratings said in a report.

Revised norms for securitisation likely to boost volume of loans

The securitisation process involves the conversion of an assets mostly loans, into marketable securities, which are sold to investors to raise cash