New Delhi, April 9 -- Securitisation transactions in India surged to over Rs 65,000 crore in the January March quarter of FY26, taking the full-year total to a record Rs 2.55 lakh crore, according to Crisil Ratings.

This reflects a 20 per cent year-on-year (YoY) rise in the fourth quarter and an overall 9 per cent increase for the fiscal.

NBFCs Drive Market Expansion

The Crisil Ratings report said growth was largely driven by non-banking financial companies (NBFCs), whose securitisation originations rose about 30 per cent YoY.

Their strong performance offset subdued activity by banks, whose share dropped sharply to just 3 per cent of total issuances in FY26 from 26 per cent in the previous fiscal.

Aparna Kirubakaran, Director, C...