India Retail Banking: Opportunities and Risks to 2023
Market Reports on India Provides the Trending Market Research Report on “India Retail Banking: Opportunities and Risks to 2023”under Financial Services Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Based on our proprietary datasets, India Retail Banking Market Report analyzes the Indian lending market, with a focus on the consumer lending segment. The report discusses in detail the credit card, personal, and mortgage loan markets, covering market size, competitors’ market shares, and survey insights. The report also provides a market overview and insights on the retail deposit segment. In addition, it covers the key digital disruptors in India’s retail lending segment. Request a free sample copy of India Retail Banking Market Report @ http://www.marketreportsonindia.com/marketreports/sample/reports/1988660 Total loan balances outstanding (including credit card balances, personal loan balances, and residential mortgage balances outstanding) in India recorded a compound annual growth rate (CAGR) of 17.5% during 2014-18 to reach INR22.2tn ($319.1bn). The majority of loan balances outstanding are from home loans, with residential mortgage balances outstanding accounting for 52.2% of total balances in 2018, followed by personal loans (43.8%) and credit cards (4%). Poor business sentiment, declining consumer confidence, and the growing unemployment rate are likely to impact the growth of total loan balances outstanding in the coming years. As a result, we estimate total loan balances outstanding to record a subdued CAGR of 11.3% over 2019-23. The Indian lending space is dominated by State Bank of India (SBI), HDFC, and ICICI Bank. But these banks are facing increased competition from non-banking financial