Welcome to the Forty-third edition of DevMantra Times for the month of September 2024. This grand finale encapsulates the essence of a dynamic governance period, paving the way for what promises to be an equally eventful new chapter in our regulatory journey.
Personal loan sees 14% growth; cards, gold major factors behind surge: Credit card dues have increased the fastest among bank loans, reaching nearly Rs 2.8 lakh crore by July's end, seeing a 22% year-on-year growth. Personal loans now make up the largest share of non-food credit at 32.9%, growing by 14.4%. Loans against gold jewellery increased the most within personal loans.
