Car Loans Race Past Housing Loans In Q1 Marking An Unfamiliar Turn For Indian Banking

business car loans race past housing loans in q1 marking an unfamiliar turn for indian banking

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The dynamics of Indian banking just saw an unfamiliar development with car loans outpacing home loans in the first quarter of FY26. According to the Reserve Bank of India, banks have expanded their loan portfolios considerably, but the growth rate for home loans has decelerated, giving way to a surge in auto loans.

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