New Delhi, April 9 -- The Indian securitisation market reached a historic milestone as transaction values climbed to an all-time high of Rs 2.55 lakh crore in fiscal 2026. This record-breaking performance was largely propelled by a 30 per cent year-on-year surge in originations by non-banking financial companies (NBFCs), which effectively countered a sharp decline in activity from the banking sector.

According to Crisil Ratings, the market saw more than Rs 65,000 crore in transactions during the January-March quarter alone, representing a 20 per cent growth compared to the same period in the previous year.

While the overall annual growth rate stood at 9 per cent, the internal dynamics of the market shifted significantly over the past tw...