The Free Press Journal

Securitisa­tion volumes continue sequential growth in Q3

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Securitisa­tion volumes halved to Rs 24,400 crore during the December quarter compared to the yearago period, but showed a healthy 61 per cent rise over the preceding September quarter, a report said on Monday. Domestic ratings agency Icra said it maintains that overall volumes of securitiza­tion, where a lender sells down its loan portfolio or future receivable­s to investors at a discount for upfront payment, will come at up to Rs 90,000 crore in FY2020-21, as against nearly Rs 1.90 lakh crore in FY2019-20.

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