The Sectoral Deployment of Bank Credit – November 2023, released by the RBI, reveals that on the personal loans front, there was a deceleration in growth to 18.6% in November 2023, down from 19.9% in the same period last year. This slowdown was primarily driven by a moderation in the growth of credit allocated to housing. Compiled … Continue reading Personal loans growth decelerates in November amid sector-wide credit changes