Securitisation volumes likely to reach Rs 60,000 crore in September quarter: ICRA

Loan securitisation in India surged to Rs 60,000 crore in the September quarter. Private sector banks and non-banking financial companies were key contributors. The market is likely to reach Rs 2.1 lakh crore this fiscal year, driven by strong credit demand and the need for deposit growth. Vehicle loans lead in securitisation volumes.