&w=3840&q=100)
Securitisation volumes rise 9% to Rs 49,000 crore in Q1FY26: CRISIL
NBFCs were the dominant players, recording a 24 per cent YoY rise in loan securitisation. The process involves pooling loans into a structured product and selling it to investors to generate liquidity. Lenders securitise loans through pass-through certificates (PTCs) or direct assignment (DA).
NBFC-originated loans accounted for 92 per cent of the total securitisation market in Q1FY26, up from 74 per cent in the full financial year 2024–25 (FY25).
Higher volumes from finance companies helped offset lower origination by banks, supporting overall securitisation growth, CRISIL said in a statement on Monday. The number of originators participating in these transactions stood at around 90.
Total securitisation volumes were Rs 2.4 trillion in FY25, compared to Rs 1.9 trillion in FY24.
Aparna Kirubakaran, Director, CRISIL Ratings, said: 'The top NBFCs have remained steadfast in tapping the securitisation market as a strategy for resource profile diversification. On the other hand, originations by small and mid-sized NBFCs—mostly present in microfinance, unsecured personal loans and business loan segments—moderated as both the NBFCs and investors remain cautious in these segments.'
Bank-originated securitisation, dominated by a few large private sector banks, saw lower volumes amid a steady improvement in their credit–deposit ratios, the agency noted.
In terms of asset classes, vehicle loans (including commercial vehicles and two-wheelers) maintained their dominant share at 41 per cent in Q1FY26. The share of mortgage-backed loans fell to around 21 per cent, down from 25 per cent in Q1FY25—largely due to lower volumes from a major private bank.
Gold-loan securitisation rose sharply to 11 per cent in the quarter ended June 2025, up from negligible levels a year ago, aided by the lifting of regulatory restrictions on a key originator.
Meanwhile, securitisation backed by microfinance loans declined to 11 per cent from 14 per cent, as the industry continues to recover from rising delinquencies by focusing on stronger underwriting and scaled-back disbursements, CRISIL added.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
25 minutes ago
- Hans India
Women from remote village to get national award
There are a total of 1,203 women's groups in Illantakunta mandal with 12,000 women as members who are receiving loans ranging from Rs 50 000 to Rs 1 lakh for the past 5 years. The target for the 2024-25 in the mandal is Rs 52 crores, of which Rs 11 crores are provided to women's fund groups, while the mandal federation has provided one Rs 1.90 crore and the district federations have also provided loans Sircilla: The Illantakunta Mandal Adarsh Mahila Samakhya in Rajanna Sircilla district, which has been providing services to self-help groups and contributing to their economic development, has been selected for a national level award. In this regard, an invitation has been received by the Samakhya for the awards ceremony that will be held in Delhi as part of Independence Day celebrations. Under the Southern Region, the Illantakunta Mandal Adarsh Samakhya in Rajanna Sircilla district has stood second. Speaking to The Hans India, Katta Vani Sri APM and Katta Soumya Adarsha Mandala Samakya president said that they are proud to receive the national award for undertaking programmes such as establishing New Swashakti Sanghahas, providing financial assistance to the development of poor women through MS, VO, SHGs, providing maximum support of Rs 20 lakhs through Bank link. There are 46 Village Organizations (VOs) under the Adarsh Mandal Samakhya, of which 1,103 self-help groups have more than 12,900 women as members. Under the aegis of Adarsh Mandal Samakhya, loans have been provided to SHG members for more than five years, ensuring their regular repayment, providing insurance to the members and other services. A total of 22 SHGs were selected and Adarsha Mahila Sangham is one of those. Notably, SHG members are provided training and advice to excel in various businesses. Also, awareness seminars are being organised under social responsibility on literacy, financial literacy, water resource conservation, not using plastic, not being a victim of cyber fraud, etc. A woman Battu Sunitha said that after she became a member of Lakshmi Swashakti Sangam and took a loan of Rs 25,000 loan from the association, she bought a sewing machine. She sews falls and rose trims for sarees and knits. 'Along with the income from agriculture, the income from knitting is sufficient to feed the children,' said Sunitha with satisfaction. Another member, Govikari Rajvva said she runs a ladies emporium and a bangle shop and earns up to Rs 10,000 per month. 'Everyone should use the loan provided by the association to develop economically,' she urged. There are a total of 1,203 women's groups in Illantakunta mandal with 12,000 women as members. Women in the group are providing loans ranging from Rs 50 000 to Rs. 1 lakh to achieve economic development. The target for the year 2024-25 in the mandal is Rs 52 crores, of which Rs 11 crores are provided to women's fund groups, while the mandal federation has provided one Rs 1.90 crore and the district federations have also provided loans.
Economic Times
30 minutes ago
- Economic Times
GIFT Nifty down 25 points; here's the trading setup for today's session
The position of FIIs in the futures market increased from a net short of Rs 69,100 crore on Monday to Rs 70,513 crore on Tuesday. Indian equities closed marginally higher, with the Nifty at 25,522, as analysts anticipate near-term market optimism fueled by trade breakthrough hopes and the upcoming earnings season. Technically, the index shows improved sentiment, with support at 25,400 and resistance at 25,600-25,800. The rupee strengthened, while FIIs remained net sellers, and DIIs were net buyers. Tired of too many ads? Remove Ads Tech View: The index has moved up after a consolidation on the hourly chart, improving sentiment for the bulls. On the daily chart, the Nifty formed a green candle following a hammer and a doji pattern. This type of setup often indicates a potential positive move ahead. On the lower end, support is placed at 25,400, while on the higher end, resistance is seen at 25,600 and 25,750–25,800. The index has moved up after a consolidation on the hourly chart, improving sentiment for the bulls. On the daily chart, the Nifty formed a green candle following a hammer and a doji pattern. This type of setup often indicates a potential positive move ahead. On the lower end, support is placed at 25,400, while on the higher end, resistance is seen at 25,600 and 25,750–25,800. India VIX: India VIX, which is a measure of the fear in the markets, fell 2.9% to settle at 12.20 levels. Dow off 0.37%, S&P 500 falls 0.07%, Nasdaq up 0.03% S&P 500 futures were little changed as of 9:23 a.m. Tokyo time Hang Seng futures were little changed Japan's Topix rose 0.2% Australia's S&P/ASX 200 fell 0.5% Euro Stoxx 50 futures rose 0.5% Tired of too many ads? Remove Ads Indian equities ended marginally higher on Tuesday, with the Nifty closing at 25,522. Overall, analysts expect markets to remain optimistic in the near term, supported by hopes of a trade breakthrough and the upcoming earnings Nifty on the NSE IX traded lower by 25 points, or 0.10 per cent, at 25,579, signaling that Dalal Street was headed for negative start on S&P 500 ended Tuesday's choppy session slightly lower as investors waited for clarity on U.S. trade policy after President Donald Trump's latest tariff threats dampened hopes around talks with some trade partners. Wall Street equities had sold off sharply on Monday after Trump warned of sweeping new tariffs on goods from key trading partners such as Japan and South Korea and a range of smaller countries starting in shares opened cautiously as investors held back from taking risky bets after President Donald Trump ruled out extending his August deadline. Copper futures fell on Trump's tariff dollar rose for a third day against the yen on Wednesday as U.S. President Donald Trump pledged more trade-related proclamations after announcing 25% tariffs on Japan and other trade in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position rupee rose 21 paise to close at 85.73 against the US dollar on Tuesday on the back of a decline in global crude oil prices and a weaker greenback against major rivals.
Time of India
30 minutes ago
- Time of India
Buy or sell: Stock recommendation by brokers for July 9, 2025
Representative image Jefferies maintained its buy recommendation on Siemens Energy with a target price of Rs 3,500. Analysts said that the company offers solutions for power transmission, generation and industrials from eight factories in India. They expect Siemens Energy to see 50% compounded annual EPS growth between 2024 and 2027. They see a robust power capex pipeline and operating leverage-linked margin accretion. Bank of America Securities initiated a buy on The Leela (Schloss Bangalore) with a target price of Rs 520. Analysts feel industry tailwinds and the company's key initiatives (especially in growing its five owned iconic owned hotels and also portfolio expansion) should help sustain its revenue and earnings growth momentum. The hospitality company's lower net debt is a positive for the stock. They see at 20 times its estimated FY27 EBITDA, the valuation of the stock as attractive. J by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Тези обувки са висш пилотаж в мъжката мода. ZAROTRAVEL® КУПИ СЕГА Undo P Morgan maintained its overweight rating on Hindustan Aeronautics with a target price of Rs 6,105. Analysts said the company's strong order book provides visibility. It also has a significant order pipeline and there's more clarity on future initiatives. Morgan Stanley maintained its equal-weight rating on Tata Motors with a target price of Rs 715. Analysts said JLR's 1st quarter volumes had a strong mix that helped partly offset weak volume and tariff headwinds. They also said the company's mix of high-margin models improved to 77.2%. Analysts expect JLR to deliver 1st quarter EBITDA & EBIT margin of 11.4% and 5.9% respectively. They expect consolidated business margins to decline 350 basis points on an early basis. Citigroup has a neutral rating on Titan with a target price of Rs 3,800. Analysts said the company's standalone domestic jewellery (ex-bullion) reported a 17% annual growth, CaratLane reported 38% annual growth, watches & wearables showed a 23% growth, the EyeCare business a 12% growth, emerging businesses showed a 36% growth and consolidated consumer business revenue growth, ex-bullion was 20% on an annual basis. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
