Top retail loan type in India FY 2023, by portfolio outstanding
In the financial year 2023, home loans dominated the retail loan market in India by portfolio outstanding or value with a share of 40.7 percent, followed by personal loans with over 14 percent. Consumer-durable loans had the lowest portfolio outstanding or value in the retail loan category. Retail loans are loans given to individual consumers for various reasons such as purchase of property, vehicles, consumer durables, funding education etc.