How Does The ABS Market In India Encourage Auto Loans Market Growth?

According to RBI, securitization refers to transactions in which credit risks of assets are redistributed as tradable securities using repackaging schemes. In the April-June quarter of FY23, the securitization volume has gone up by 70% to reach Rs. 35,000 crores. The increasing economic activity is an important contributor to this major surge.

What Is The Meaning Of ABS?