Retail loans rose 20.9 per cent (y-o-y) in June 2023 compared to 18.1 per cent a year ago, mainly supported by ‘housing’ and ‘vehicle’ loans. " The rapid pace of personal (retail) loan growth (both housing and non-housing) has been supporting overall credit expansion" said a report on the state of the economy published in RBI's latest monthly bulletin.from Banking/Finance-Industry-Economic Times https://ift.tt/8KYcaMH
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