MUMBAI: India’s retail lending sector slowed notably in FY25, as a mix of economic headwinds, regulatory tightening, and shifting borrower behaviour led to a broad-based moderation in credit growth. According to CRIF High Mark’s annual How India Lends FY25 report, the deceleration was especially visible in home loans and personal loans, which have traditionally anchored the retail credit engine.Home loan …
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Mumbai: Banks lent an additional Rs 15.3 lakh crore in the first 11 months of the financial year, expanding their loan book by 9.3% to Rs 175.56 lakh crore. Industry’s share of this new lending shrank to 14.5%, while home loans rose to nearly 17%.Within the total incremental non-food credit of Rs 15.33 lakh crore, personal loans accounted for the …
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MUMBAI: Retail credit growth in India slowed in Q2FY25, with affordable housing and low-cost two-wheeler loans recording the steepest decline. According to the TransUnion Cibil credit market indicator report for the Sept quarter, loans disbursed for affordable housing (up to Rs 35 lakh) fell 12% year-on-year, while loans for houses between Rs 35 lakh and Rs 1 crore dropped by …
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