The Credit Market Indicator (CMI), a composite measure of credit market health, rose to 99 in the September 2025 quarter from 98 in the preceding quarter, reflecting improved demand, supply conditions and stable asset quality. The uptick followed the GST rationalisation introduced in Septemb
The growth, it said, is supported by heightened demand for gold loans, auto loans, and a resurgence in personal loans and credit cards. PSU banks further consolidated their leadership across several major loan categories.
The next phase of India's retail credit growth is expected to come from a rise in credit per borrower, mainly driven by the housing loan segment, according to a report by Bernstein.
Mumbai (Maharashtra) [India], Oct 2 (ANI): Retail credit growth in the country moderated to 10.6 per cent year-on-year for the fortnight ended September 11 versus 17 per cent in January with home loan growth moderating 11 per cent, according to Motilal Oswal Institutional Equities.