Personal Loans on the Rise in India: A Look at the Data and What it Means

Soaring personal loans in India, now a significant portion of total bank credit deployed, raise questions: are they a cause for concern or a hidden opportunity? This article investigates.

In recent days, I have delved into the trends of personal loans in India, intrigued by their individual-centric nature and the insights they offer into behavioral shifts within our economy. These shifts not only reveal significant changes in consumer demand for goods and services but also reflect broader economic transformations. By examining how prefer…