PSU banks lent nearly double of private banks in Q1 of 2016

6.5% was the growth of bank loan portfolios in the first quarter of 2016 over the previous quarter, with the total period-end receivables at Rs 36,42,688 crore.

The largest lenders
PSU and private banks were the biggest lenders with a share of 43% and 22%, respectively.

1.6%
Was the industry average of 90+ loan delinquency rate. Home and personal loans were the best performing products with rates of 0.49% & 0.47%.

Secured debts
Within the total secured portfolio, mortgage, auto and gold loans accounted for 51% of the total receivables

50% of loans from 6 states
These six states accounted for more than half of loans in the past year, as well as the total period-end receivables.

Source: Equifax India Consumer Credit Trends Report. Study based on industry reported data to Equifax credit bureau as of April 2016.