Monday, April 18, 2022

Loan assets securitised by NBFCs jump 43 pc to Rs 1.25 lakh crore last fiscal: Report

The amount of loans securitised by NBFCs (Non-Banking Financial Companies) and HFCs (Housing Finance Companies) in FY21 stood at Rs 87,300 crore, Icra Ratings said in a report. The agency expects the securitisation volume to touch the pre-Covid level of Rs 2 lakh crore in fiscal 2023-24.

from Banking/Finance-Industry-Economic Times https://ift.tt/JQehtp5

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