India's credit market reflects K-shaped pattern, says Nomura report

Quick Summary:

According to Nomura, write-offs of unsecured retail credit have increased sharply, as have delinquency rates for the microfinance sector.

While the gross non-performing assets (GNPA) ratio for banks is at a multi-year low of 2.6 per cent, the RBI’s stress tests indicate it could rise to 3 per cent by FY26 under the baseline scenario of robust growth and declining inflation.

The report also noted that "the share of consumption loans is increasing, while the share of asset-creating loans is falling.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Loans Consumption growth Credit market Nomura

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 19:24:09 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24819097

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 132 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions