Home, vehicle and rural loans top pre-Covid levels
Synopsis
While retail returns to normalcy, lenders averse to wholesale and unsecured credit
Mumbai: Home, vehicle and rural loans are helping banks and non-bank lenders spare their blushes even as they remain risk-averse to unsecured and wholesale credit.Most banks and non-banking finance companies saw their home, vehicle and farm loans surpassing pre-Covid levels in the quarter ended September while the overall credit book shrunk for some lenders.The Reserve Bank of India’s data recorded till the end of August showed that mortgage
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