Small personal loans that drove retail lending see signs of stress

Small-ticket personal loans, valued at less than Rs 50,000, have become the fastest-growing segment in retail lending. However, a study by TransUnion Cibil has shown that borrowers of these loans are more likely to default. The delinquency rate for consumers with small-ticket loans was 5.4%, compared to 4.2% in Q2 2022. Despite...