According to ICRA, the total volumes are expected to be Rs 1.2-1.4 trillion in FY21, as against Rs 2 trillion in the last fiscal year
Securitisation is needed to widen the pool of resources available to housing finance companies
In the June quarter of FY20, the securitisation volume stood at Rs 50,300 crore, as opposed to Rs 32,300 crore in the same quarter in the preceding financial year
A shift by banks towards PSLCs could lead to stagnation of securitisation market volumes
Issuances of low-rated ones rise, preference shifts to asset and mortgage-backed securities from corporate loans