Drop in home loan demand hits Q2 retail credit growth

[ad_1]

Retail credit growth slowed in FY24 Q2, attributed to reduced home loan disbursements, particularly in the sub-Rs 35 lakh category. Delinquencies increased in credit cards and personal loans, while improving in other sectors. Despite a surge in outstanding balances for personal loans, overall share in retail credit portfolio marginally increased.

[ad_2]

Source link