Retail loan growth slows- CIBIL

Retail loans
Retail loans

Retail loans shows deceleration due to the slowdown in the economy in the last few quarters, said a report by Trans Union Cibil. Aggregate retail lending growth in value terms (balance outstanding in INR) declined from 27.4 per cent in Q1 2018 to around 19 per cent in Q4 2018. Similarly, the rate of growth in volume terms (the number of accounts) declined from 30.2 per cent in Q1 2018 to 20.8 per cent in Q4 2018. For more details visit https://bit.ly/2uVinMw

Leave a Reply

Your email address will not be published. Required fields are marked *