Active loans in personal loan category declined in H1 FY25: CRIF-DLAI report
21 Jan 2025, 03:04 AMWhile the portfolio outstanding in PL category has grown Rs 12.1 lakh crore in H1 FY24 to Rs 13.7 lakh crore between April-September 2024 period.
Team Head&Tale
Share the story on
Credit bureau firm CRIF and Digital Lenders Association of India (DLAI), an industry association of digital lenders with 100 members, launched a second edition of ‘Fintech Barometer - lending trends in H1 FY25 PL, UBL & LAP’ report.
The report, that analyzed the role of lenders in personal loans, unsecured business loans, and property loans categories between April-September 2024 period, stated that in the personal loans category, the portfolio outstanding has grown Rs 12.1 lakh crore in H1 FY24 to Rs 13.7 lakh crore in H1 FY25.
The active loans declined to 1,139.8 lakh during the first half of fiscal year 2025, from 1,195.7 lakh recorded last year during same period. Small ticket loans under Rs 10,000 witnessed a significant de-growth in active loans, while the portfolio remains stagnant.
In the unsecured business loans, portfolio outstanding increased from Rs 5.5 lakh crore in H1 FY24 to Rs 7.8 lakh crore. In addition, the active loans grew significantly from 1.1 lakh to 1.5 lakh in H1 FY25.
Whereas the loan against property saw a steady growth in portfolio outstanding during April-September 2024 period reaching Rs 11.3 lakh crore from Rs 9.2 lakh crore recorded a year earlier.
And, the active loans increased by 21.8% yoy to 0.8 lakh.
In both PL and unsecured business loan, NBFCs gained dominance in originations value and volume in H1 FY25; while private banks and PSU banks' share declined in both value and volume.
In loan against property, NBFCs and private banks continued to dominate originations, with NBFCs having a significant edge in volume.
In PL, the portfolio at risk (31-90%) increased to 1.8% between April-September 2024 period from 1.5% in the previous year -- showing early signs of stress.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
Related News
