Gold loans became India's largest securitised asset class in Q1 as securitisation issuances rose 22% to ₹60,000 crore, driven by NBFCs, says CRISIL Ratings.

Gold loans became India's largest securitised asset class in Q1 as securitisation issuances rose 22% to ₹60,000 crore, driven by NBFCs, says CRISIL Ratings.

Securitisation, a process through which lenders pool loans and sell them to investors to raise funds and free up capital for fresh lending, saw issuances surge 22 per cent…