Gold loans lead surge in consumption portfolio: Reports
The credit bureau has also observed the surge in gold loans on the back of higher prices of the yellow metal, led by public sector banks in value and NBFCs in small-ticket lending.
India’s consumption loan portfolio outstanding saw a 15% year-on-year expansion to ₹106 lakh crore, backed by a 35% jump in gold loans and 15% rise in two-wheeler and auto loans.
Personal loan growth, however, moderated to 8.7% with non-banks leading the expansion, gaining share in portfolio outstanding, while both private and public sector banks slowed lending to this segment.
Credit card growth moderated, too, with higher balances but fewer new issuances, though private sector banks retained dominance with improved delinquencies, the credit bureau said on Tuesday.
“The lenders have sharpened their focus on risk and product strategies. PSU banks and NBFCs gained ground, while private banks adopted a selective approach,” CRIF said in the quarterly report based on data from April-June 2025.In home loans, public sector banks expanded their market share to 46.2% at the end of June from 37.6% a year ago. The growth was led by big-ticket loans above ₹75 lakh, even as smaller-ticket loans continued to lose share.The auto loan portfolio rose 14.5% on-year to ₹8.3 lakh crore, with loans in the ₹5-₹10 lakh segment remaining the largest, though their share has steadily declined to 39.7% from 44.4% two years ago. Growth in consumer durable loans moderated to 7.9% while the credit card segment remained under pressure, with new issuances falling 28% year-on-year to about 4 million cards.