New Delhi, May 20: India’s retail loan portfolio has risen to ₹170.2 lakh crore as of March 2026. This marks an annual increase of 16.6% and a quarterly rise of 4.6%, according to a report released on Wednesday.
The CRIF High Mark report highlights a 15.3% annual growth in consumer loans, now totaling ₹118.6 lakh crore. This growth is supported by significant increases in gold loans, personal loans, and consumer durable loans.
Demand for gold loans has surged, with the total outstanding portfolio reaching ₹18.6 lakh crore, reflecting a remarkable annual increase of 50.4%.
In addition, the personal loan portfolio has grown by 12.9% year-on-year, while consumer durable loans have seen a 20.8% increase. White auto loans and two-wheeler loans have also experienced annual growth rates of 13.9% and 15.1%, respectively.
The report notes a continuous rise in premium products, improvement in asset quality, and a steady trend towards secure lending segments.
Retail loan growth is increasingly shifting towards secured loans, with expanding reach in semi-urban and rural markets.
Home loans have maintained a steady pace, with an outstanding portfolio of ₹44.4 lakh crore, reflecting a 9.4% annual increase and a 3.4% quarterly rise.
However, credit card performance has been sluggish, with balances remaining stable year-on-year but showing negative trends on a quarterly basis.
This growth has also led to improved portfolio performance, with lower delinquency rates across most segments, indicating robust asset quality alongside continuous expansion.
Gold loans have played a leading role in loan distribution, while personal and consumer durable loans have recorded annual growth exceeding 30%. Housing loans have sustained steady sequential growth due to increased ticket sizes.
Moreover, there has been a sequential softening in auto loans and two-wheeler loans following festive demand.
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