There has been increased securitisation of assets by non-banking financial companies (NBFCs) to access funds. And while much of the underlying assets may have been scrutinised by banks before purchase, there seem to be concerns about the quality of some such pooled assets and about rating actions by agencies on such assets. Jatin Nanaware, head and director-structure finance at India Ratings and Research and Santosh Kamath, CIO fixed income of Franklin Templeton shared their views and outlook to help understand the issues better and the risks to the lenders on purchases of such securitised assets.