Boom towns' share in credit rises as personal loans zoom
Bank deposits in metro cities have increased to 53.2% in March 2025, while their share in bank credit has decreased. This shift is driven by a growing preference for personal loans and the movement of capital to semi-urban areas. Personal loans have seen significant growth, with housing loans becoming more affordable.
Bank deposits in metro cities have increased to 53.2% in March 2025, while their share in bank credit has decreased. This shift is driven by a growing preference for personal loans and the movement of capital to semi-urban areas. Personal loans have seen significant growth, with housing loans becoming more affordable. What's Your Reaction?
