India's retail securitisation market declined 6% in H1FY26 to ₹1.13 lakh crore, marking its first dip in years, according to CareEdge Ratings. The fall was attributed to strong liquidity and cautious lending. However, CareEdge expects festive demand, GST reforms, and stable macroeconomic conditions to revive credit growth and boost securitisation volumes in H2 FY26.