Mumbai, May 29 -- Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday cautioned against introducing complex financial products into India too aggressively before the broader economy and investors are ready to handle them.

Speaking virtually at the 14th Securitisation Summit 2026 in Mumbai, Nageswaran said financial innovation should grow in line with the needs of the real economy and not move ahead faster than the country's financial understanding and regulatory preparedness.

CEA said Securitisation can help distribute risk and free up bank funds for fresh lending. Securitisation is a process where banks convert loans, such as home or vehicle loans, into investment products and sell them to investors.

"Securitisation should b...