“Despite the rise in interest rates over the past year, the retail credit demand in the country remained strong, resulting in increased financing requirements for the NBFCs and HFCs. Lenders continue to depend on securitisation as a means to raise funds as it helps in diversifying their fund-raising avenues,” Abhishek Dafria, senior VP and group head, structured finance ratings, ICRA, said.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of
October 2, 2026