India’s retail lending portfolio recorded an 18.1% year-on-year growth, reaching ₹162.7 lakh crore in the third quarter of fiscal year 2025-26. This is according to the latest How India Lends – December 2025 report published by CRIF High Mark, which highlights a market that continues to expand.
The number of active loan accounts surpassed 690 million, while new originations increased by 41% year-on-year, reaching ₹25.3 lakh crore.
Asset quality also showed improvement: the PAR 31–180 days indicator declined to 3.1%, down from 3.6% in the previous year.
Among the most dynamic segments are gold loans, which are leading growth in secured products, alongside auto loans and consumer credit.
