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Topics
Personal loans | Bank loans | loan against securities

Sanjay Kumar Singh  |  New Delhi 



loans, banking
Lenders are gravitating towards customers with higher incomes

Lenders had turned cautious in disbursing unsecured in 2020-21. According to data from the Reserve Bank of India's (RBI) April 2021 monthly bulletin, pe­rsonal loans, which had clocked a growth rate of 14 per cent in 2019-20, could register only 8.6 per cent growth in 2020-21.

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First Published: Thu, May 13 2021. 06:10 IST

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