Retail lending up 25%, number of accounts 32% in FY18: Cibil data

The number of active consumer durable loans increased by 83 per cent over the past year to reach 1.95 crore at the end of March this year, led by a 69 per cent increase in the live borrower count to 1.39 crore.

Retail lending up 25%, number of accounts 32%
The average balance per consumer fell by 5.7 per cent to Rs 10,382. Image source: Pixabay

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