Consumer loan risk weights to end lenders' exuberance: RBI deputy governor
While it is too early to conclude, risk management practices are getting better, says RBI deputy governor Swaminathan Janakiraman
unsecured loans
December 2023
November 2023
April 2021
RBI insecure about unsecured loan surge
Between FY18 and H1 FY24, credit card loans trebled to ₹2.2 lakh crore while personal loans grew 2.5 times to ₹13.4 lakh crore
Moody's gives thumbs up to RBI's new risk weights on personal loans
In the past two years, personal loans grew around 24% and credit card loans grew 28% compared with the overall banking sector's credit growth of around 15%.
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
