On May 04, 2026, SEBI proposed five amendments to the norms governing SDIs, including allowing single-asset securitisation by RBI-regulated entities and shifting the responsibility for periodic disclosures on the underlying asset pool's performance to the servicer from the originator, among other proposals to align the SDI guidelines with the RBI regulations for the securitisation of standard assets (RBI SSA guidelines).

• The Indian securitisation market saw record volumes of Rs. 2.5 trillion in FY2026, driven by non-banking financial company (NBFC) originators.
• Securitisation undertaken by NBFCs is regulated by the Reserve Bank of India’s (RBI) securitisation of standard assets (SSA) guidelines. The consultation paper released by the Securities and Exchange Board of India (SEBI) on May 04, 2026 proposes to align its securitised debt instrument (SDI) norms with RBI SSA guidelines.