Public sector banks are now originating more unsecured personal loans. They focused on larger loan amounts, especially over Rs 10 lakh. This shift occurred as banks had extra money and sought higher returns. Non-banking finance companies still lead in small loans but saw their share decrease. Private banks also experienced a slight decline in their origination share.
​Public sector banks are now originating more unsecured personal loans. They focused on larger loan amounts, especially over Rs 10 lakh. This shift occurred as banks had extra money and sought higher returns. Non-banking finance companies still lead in small loans but saw their share decrease. Private banks also experienced a slight decline in their origination share. by Soban News (international And National News)
