October 2023 records outstanding personal loans at Rs 45.51 lakh crore: Report

October 2023 records outstanding personal loans at Rs 45.51 lakh crore: Report

As global economies grapple with exponential growth and development, India’s banking sector has seen a significant surge in credit operations. The destination of these funds, amounting to trillions of rupees, has now become a topic of interest and study. Where is the enormous volume of bank credits, specifically personal loans, absorbed in the country’s financial … Read more