Page 2 - Securitisation

RBI announces revised rules for securitisation of standard assets

The Reserve Bank on Friday issued Master Direction on loan transfer, requiring banks and other lending institutions to have a comprehensive board-approved policy for such transactions.

Securitisation volumes pick up post-Q1 FY22 as collections improves: Report

India Ratings and Research on Friday said securitisation volumes have picked up post the second wave lull in the first quarter of the current fiscal, helped by the improvement in collections.

Collection recovery in securitisation yet to reach March 2021 levels

The performance of 143 rated securitisation deals showed the recovery has improved sentiments and supported the loan performance in June-July 2021

Securitisation volumes to jump 50% to Rs 1.3 trillion in FY22: Report

Icra on Thursday said domestic securitisation volumes are expected to be higher in the second half of the fiscal, which will result in a 40 per cent jump in overall volumes to Rs 1.3 trillion in FY22

Despite Q4 surge, securitisation volumes fall short of Rs 1 trn in FY21

Securitisation deals in Q4FY20-21 amounted to Rs 40,000 crore, to become the highest-grossing quarter for the 2020-21 fiscal year

Covid cases surge may impact NBFCs' fund raising via securitisation: Report

Fears of stricter lockdown amid coronavirus may affect asset quality of retail loans, thereby impacting the fund-raising ability of housing finance and NBFCs through the securitisation route

Securitisation recovers in Q3, up 61% at Rs 24,400 cr for shadow banks

Rating agency Icra estimates annual for FY21 securitisation at Rs 80,000-90,000 crore

Securitisation volume crosses Rs 26,000 crore in Q3: Crisil report

More originators entered the market and mutual funds started investing in new issuances, says a report

Coronavirus pandemic to keep repayment risks elevated for securtised loans

Weak economic conditions will continue to hurt borrowers' ability to repay loans, keeping performance risks for asset-backed securities (ABS) elevated

Domestic securitisation activity doubles to Rs 15,200 crore in Q2

The increase in the share of gold loans in securitisation, a trend witnessed in FY20, continued in H1FY21

ICRA revises FY21 securitisation estimate to Rs 80,000 cr from Rs 1.2 trn

Volumes of securitisation had stood at Rs 2 trillion in the year-ago period.

Securitisation sees 80% drop in H1FY21 due to Covid-19, moratorium: Crisil

However, there are signs of recovery as September saw a rebound in securitisation transactions to Rs 10,000 crore

Securitisation volumes drop to Rs 7,500 crore in Q1FY21 due to pandemic

Lockdown impacted income generation capacity of many borrowers, making investors wary of fresh transactions given the likely deterioration in loan repaying capacity of retail borrowers

Securitisation volume dips 85% to Rs 6,200 cr in Q1FY21 on slow collections

In Q1FY20, the share of gold loans was 20 per cent, in Q1FY19 it stood at 7 per cent and was a meagre 2 per cent in Q1FY18. CRISIL said.

Covid-19: Securitisation volumes to shrink 30-40% this fiscal, says Icra

According to ICRA, the total volumes are expected to be Rs 1.2-1.4 trillion in FY21, as against Rs 2 trillion in the last fiscal year

RBI proposes major changes in securitisation norms for robust market

The RBI said the revision in guidelines is an attempt to align the regulatory framework with the Basel guidelines on securitisation that have come into force effective January 1, 2018

Direct sale of loans by NBFCs and HFCs takes a knock in H1, says Icra

Securitisation under pass-through certificate (PTC) transactions was to the tune of Rs 92,000 crore in the past one year

Cash-starved NBFCs, HFCs raise Rs 73,000 cr in Q3 by securitising SME loans

Domestic securitisation market volumes touched all-time high of Rs 1.44 trn during the nine months to December 2018, as compared to Rs 84,000 crore for the entire fiscal 2018

Securitisation volume doubles to Rs 315 billion in the first quarter

Mortgages continued to be the driver of non-PSL securitisation

Securitisation volumes up 45% in FY16: ICRA

Three years' declining trend reversed