It can be noted that securitisation activity, wherein a lender transfers its future receivables on a loan to other financier against a cut, had suffered a lot during FY22 because of the devastating second wave of the coronavirus pandemic which made loan recollections difficult.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/securitisation-volumes-jump-48-in-h1fy22-says-crisil/articleshow/94944051.cms
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