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Slowdown in home loans hits personal credit growth
Financial Express Kochi
|January 05, 2026
THE SLOWDOWN IN home loans pulled down the overall growth in the personal loan category in November.
The segment reported a 12.8% year-on-year (yo-y) growth, down from 13.4% in the year-ago period. In October 2025, the segment recorded a 14% growth.The housing segment reported a 9.9% growth in November to ₹31.95 lakh crore, compared with a 12.2% growth a year ago. Rising delinquencies in small-ticket loans, the slowdown in the housing market, and a decline in banks' direct assignments have been the key factors behind the fall in lending to the housing segment, analysts said.
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