Business Standard

The devil in retail: Stress seen in credit cards, auto, and home loans

Banks had grown their retail books in a big way in recent times given the lacklustre demand for corporate credit

banks, loans, credit, private banks, public sector banks, PSU banks, loan write-off, npa, bad loans, Non performing assets, asset
Premium

Business Standard
Delinquencies in banks’ retail portfolio is inching up. This comes even as the share of retail credit to GDP increased to 12 per cent in HIFY20 — a full percentage over the 11 per cent seen in FY08. The increase in stress was seen in credit cards, auto, and even in home loans. Banks had grown their retail books in a big way in recent times given the lacklustre demand for corporate credit. The Reserve Bank of India’s Financial Stability Reports of recent times had forewarned about the pain lurking in the retail segments. The central bank’s Report on the

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 28 2020 | 9:25 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com