<h1>Senior Official Highlights Challenges and Potential of India's Securitisation Market at 2015 Summit; Calls for NBFCs' Active Role.</h1> The speech by a senior financial official at the 2015 India Securitisation Summit discusses the evolution and current state of securitisation in India. Securitisation, a method of pooling various types of debt and selling them as securities, offers benefits such as capital liquidity and risk diversification for originators and investors. However, the Indian market remains underdeveloped, primarily driven by banks meeting priority sector lending targets. Challenges include regulatory constraints, legal issues, and low investor demand. Despite these hurdles, the speaker expresses optimism about the market's potential, emphasizing the role of NBFCs and new banking entities in leveraging securitisation for growth.