The retail lending of banks was at 25.9% of non-food credit. As of March 2013, lending to industry made up 45.8% of non-food credit, while retail lending was at 18.4%. Most retail lending, like giving out home or vehicle loans or loans against shares, fixed deposits, etc, is against collateral or existing assets. Meanwhile, the retail lending of banks has grown at 15.8% per annum to ₹28.1 trillion. There is no reason to suspect that retail loans won’t be repaid.

Source: Mint July 25, 2021 15:22 UTC