Here is how the personal loan rates offered by various banks stack up
Personal retail loan disbursements recorded an impressive growth of 42 per cent from March 2021 to March 2022, reflecting an improvement in overall economic and business sentiment, said a joint study by Equifax and Andromeda. The number of active personal loans increased from 3.5 crore as of March 2020 to 4 crore by March 2021, and to 6 crore by March 2022, it added. The book size of personal loans rose from Rs 5 lakh crore as of March 2020 to Rs 6 lakh crore as of March 2021 and further to Rs 8 lakh crore as of March 2022. "This is a strong indicator of the revival in consumption in the country," said K M Nanaiah, Managing Director, Equifax Credit Information Services Pvt Ltd and Country Leader, India & MEA, Equifax. The total portfolio outstanding of retail industry increased from Rs 71 lakh crore (March 2020) to Rs 80 lakh crore (March 2021), and further to Rs 89 lakh crore as of March 2022. Private banks experienced the highest growth of portfolio outstanding with a 32 per ..
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Here is how the personal home loan rates offered by various banks stack up
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Here's how the personal loan rates offered by various banks stack up
Here is how the personal loan interest rates offered by various bank stack up
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Here's how personal loan interest rates offered by various banks stack up
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Here is how the personal loan rates offered by various firms stack up
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Here is how the personal loan rates offered by various banks stack up
Here's how the personal loan rates offered by banks stack up
Here is how the personal loan rates offered by various banks stack up
Here is how the personal loan rates offered by various banks stack up
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