In all other credit segments, including personal loans, delinquencies declined even as retail credit growth moderated, consequent to banks tightening the supply of credit to the unsecured segments, a report by TransUnion CIBIL said on Monday.
Data shows that balance-level delinquencies, measured in terms of 90 days or more past due, in the credit card segment stood at 1.8 per cent in Q1FY25 - highest among all other credit segments.
This story is from the September 24, 2024 edition of Business Standard.
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This story is from the September 24, 2024 edition of Business Standard.
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