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This Article is From Jan 10, 2024

Retail Asset Securitisation - On Track To Cross Rs Two Lakh Crore In FY24: CareEdge

Retail Asset Securitisation - On Track To Cross Rs Two Lakh Crore In FY24: CareEdge
Rupee bank note. (Source: NDTV Profit)

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Care Edge Report

The securitisation market is progressing steadily towards a record high in FY24, with total volumes reaching Rs 1,44,000 crore for the first nine months. The initial half of FY24 (H1 FY24) reported volumes of ~Rs 1.01 lakh crore, predominantly driven by a stellar first quarter (Q1 FY24).

The third quarter (Q3 FY24) registered a combined volume (encompassing both pass-through certificate issuances and direct assignment transactions) of around Rs 43,000 crore.

The stagnant volumes in Q3 FY24 may be linked to a mismatch in the pricing expectations of investors and originators, influenced by tighter liquidity conditions and the Reserve Bank of India's concerns about the rapid expansion in unsecured lending.

Traditionally, the final quarter of the fiscal year records the highest volumes, and current trends suggest that this pattern is likely to continue.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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