+
PSU Banks Gain Half Of Home Loan Market Share
ECONOMY & POLICY

PSU Banks Gain Half Of Home Loan Market Share

Public sector banks have expanded their presence in the home loan market, capturing 50 per cent of total loan originations by value in September, according to a report released on Monday. This marks a clear lead over private sector banks in a highly competitive segment, the credit information firm said.

Nearly 40 per cent of all home loans were valued above Rs 7.5 million, according to Crif High Mark. Despite this shift towards higher-value lending, the total number of active home loans increased by only 3.3 per cent to 22.9 million, indicating a rise in the average loan size.

The home loan market, the largest in the retail lending category, grew by 11.1 per cent year-on-year and 2.1 per cent quarter-on-quarter, reaching Rs 42.1 trillion by the end of September.

On the consumption side, overall consumer loans rose by 15.3 per cent to Rs 109.6 trillion, with rapid expansion in gold loans driving the segment’s growth.

Crif High Mark’s chairman, Sachin Seth, noted that public sector banks have strengthened their leadership in both loan value and customer outreach. He added that regulatory measures are supporting more responsible and inclusive financial access across regions and demographics.

However, the consumer durables segment experienced slower growth of 10.2 per cent year-on-year due to subdued demand and seasonal trends.

Asset quality also showed improvement, with the share of consumption loans overdue between 31–180 days falling to 3 per cent in September from 3.1 per cent in June and 3.3 per cent a year earlier.

Public sector banks have expanded their presence in the home loan market, capturing 50 per cent of total loan originations by value in September, according to a report released on Monday. This marks a clear lead over private sector banks in a highly competitive segment, the credit information firm said. Nearly 40 per cent of all home loans were valued above Rs 7.5 million, according to Crif High Mark. Despite this shift towards higher-value lending, the total number of active home loans increased by only 3.3 per cent to 22.9 million, indicating a rise in the average loan size. The home loan market, the largest in the retail lending category, grew by 11.1 per cent year-on-year and 2.1 per cent quarter-on-quarter, reaching Rs 42.1 trillion by the end of September. On the consumption side, overall consumer loans rose by 15.3 per cent to Rs 109.6 trillion, with rapid expansion in gold loans driving the segment’s growth. Crif High Mark’s chairman, Sachin Seth, noted that public sector banks have strengthened their leadership in both loan value and customer outreach. He added that regulatory measures are supporting more responsible and inclusive financial access across regions and demographics. However, the consumer durables segment experienced slower growth of 10.2 per cent year-on-year due to subdued demand and seasonal trends. Asset quality also showed improvement, with the share of consumption loans overdue between 31–180 days falling to 3 per cent in September from 3.1 per cent in June and 3.3 per cent a year earlier.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code