August 17, 2026 09:30 am (IST)
Follow us:
CIBIL data reveals 25% CAGR in retail credit
Mumbai, Mar 11 (IBNS): Credit Information Bureau (India) Limited (CIBIL), the country’s leading credit information company, has indicated a sustained growth in the retail credit sector.
The data was released during the Eighth Annual CIBIL TransUnion Credit Information Conference in Mumbai on Friday.
“The growth of Retail Loans at an average CAGR of 25% is largely contributed by the growth of Property Loans at 58%, Personal Loans at 31% and Auto Loans at 30%. Forward looking policies along with availability of credit information solutions has largely contributed to this propulsion in growth," said M V Nair, Chairman, CIBIL addressing the conference.
Speaking of CIBIL’s growth plans, Satish Pillai, Managing Director and CEO, CIBIL said, “We shall continue to create information solutions that help drive growth for businesses while fueling faster and cheaper access to credit and other services for consumers. We have accelerated our investments in content, insights, products and solutions across all sectors. We are working on developmental initiatives to partner in the national momentum of helping drive financial literacy, inclusion and protection.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Mahindra launches BLAZO i-TRK: All details inside
Sun, Aug 16 2026
Reliance Industries, Rolls-Royce join hands to explore indigenous engine for India’s AMCA fighter
Sat, Aug 15 2026
BSNL’s Independence Day gift: Re 1 Recharge, 412-Day Plan and 500 Free TV Channels. Check now
Sat, Aug 15 2026
Emami’s big snack bet: ₹750 crore investment, new WeMe brand targets ₹1,000 crore in 3-5 years
Sat, Aug 15 2026
HCG Q1 results: Cancer care major posts 190% jump in adjusted profit, revenue rises 13%
Fri, Aug 14 2026
Big relief for Zee Entertainment: SAT allows warrants issue, dividend access despite SEBI ban
Fri, Aug 14 2026
Olectra Greentech Q1 shocker: Revenue soars 66%, profit barely moves; shares crash 4%
Fri, Aug 14 2026
Red Friday on Dalal Street: Sensex plunges 300 points, Nifty slides amid geopolitical tensions
Fri, Aug 14 2026
Tata Motors shares jump 6% after Q1 profit soars 83% to ₹2,560 crore
Thu, Aug 13 2026