Securitisation volume rose nearly 9 per cent to around Rs 49,000 crore in the first quarter (April-June) of 2025-26, compared with Rs 45,000 crore in the same quarter of the previous financial year, according to a Crisil Rating report released on Monday.

Issuances by non-banking financial companies (NBFCs), led by large players, posted a strong year-on-year growth of about 24 per cent. This helped offset the lower origination volume by banks, supporting the overall securitisation market volume, the report states.

Securitisation in banking is a process where illiquid assets like loans are pooled together, repackaged, and sold as securities to investors. This allows banks to free up capital, transfer risk, and provide investors with access to diversified investments.