Retail loans: Banks dominate in business segment, NBFCs in housing

In the retail segment, housing loans have the lion’s share, but personal and business loans have grown the fastest between FY16 and 3QFY20.
 

Within housing finance, loan against property and loans for commercial vehicles, NBFCs and housing finance companies are the dominant players. In personal loans, both state-run and private banks have a higher share compared to NBFCs.

 

Within the business loan category, state-run banks are at the forefront. NBFCs have generally operated in niche areas and been innovators. Given their loan acquisition capabilities, they have a higher share of active loans.