RBI insecure about unsecured loan surge
Between FY18 and H1 FY24, credit card loans trebled to ₹2.2 lakh crore while personal loans grew 2.5 times to ₹13.4 lakh crore
commercial banks
November 2023
April 2023
February 2023
December 2022
Infographic: Rise in personal loans: Home loans back in focus
Housing loans account for more than 48% of personal loans for banks as of December 2022, as per the RBI data.
Budget 2023: NPAs declining from FY18 peak
In FY22, scheduled commercial banks recovered ₹92,564 crore via multiple channels such as Lok Adalats, Debt Recovery Tribunals, IBC, and SARFAESI Act.
Banks wrote off ₹10 lakh cr in last 5 yrs: FM
FM Nirmala Sitharman says PSBs also recovered ₹4,80,111 crore, including a recovery of ₹1,03,045 crore from written-off loans, during this period.
