Public Sector Banks Increase Home Loan Share Amidst Challenges

Banks that are owned by the government gave out more home loans, increasing their share.

Private banks lost some of their share.

Though government banks gave out more loans, a higher percentage of these loans are not being paid back compared to private banks.

More loans are being given for larger amounts.

Fewer new credit cards are being issued due to more rules and a focus on making sure loans are safe.

Private banks are issuing a larger percentage of new credit cards.