Business
Rs 1.44 lakh crore – securitisation market volumes during nine months of this fiscal
Updated : Jan 08, 2019, 06:00 AM IST
The securitisation market remained buoyant in the third quarter driven by the prevailing liquidity crisis, following defaults by IL&FS and its subsidiaries, said an Icra report
Rs 1.44 lakh crore – securitisation market volumes during nine months of this fiscal
Rs 84,000 cr – securitisation volumes during fiscal 2018
Rs 94,000 cr – transaction volumes during nine months of this fiscal
Rs 78,000 cr – volumes generated in the third quarter
Rs 73,000 cr – raised by non-banking financial companies and housing finance firms
Rs 25,000 cr – pass through certificate transactions in Q3
Funds raised by NBFCs and HFCs through the securitisation route helped meet sizeable repayment obligations of the sector in an otherwise difficult market,"
— Vibhor Mittal, group head, structured finance ratings