You are here: Home » Finance » News » Banks
Bankers are not ready to take risks: Muthoot Finance MD George Alexander
Third-party ATM switch ASPs to comply with cybersecurity controls: RBI
Business Standard

The big sweet spot: Retail loan market to double in 5 years to Rs 96 trn

While concerns have been expressed of late that stress may be on the rise in the retail loan books, it is also true that lenders now have access to a plethora of data points for credit assessment

Topics
Retail loan growth | India’s retail market

Business Standard 



retail loans, banks,

The retail loan market in the country is estimated to double to Rs 96 trillion in five years, and emerge as the most lucrative business vertical for lenders of all hues. It grew at a compound annual growth rate of 17 per cent between FY13 and FY18, and this run rate compares to the Middle Kingdom’s 16 per cent and United States’ three per cent during the same period.

The big sweet spot: Retail loan market to double in 5 years to Rs 96 trn

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, December 31 2019. 22:32 IST

RECOMMENDED FOR YOU

.