Credit growth
On the asset side, the 16% on-year growth to ₹4.96 trillion in advances was led by corporate banking, small and medium-sized enterprises (SME), and consumer banking. Consumer banking lending growth was achieved through a safer, secured route, but with a low-interest-rate segment of home loans and loans against property. Higher-yielding loans that include personal loans inched up by just 3%. The personal loan portfolio acquired from Standard Chartered continued its falling trajectory.
