Public Sector Banks Increase Share in Housing Loans to 50%
Public Sector Banks Increase Share in Housing Loans to 50%
Public sector banks in Mumbai increased their share in the housing loan market to 50% in September, surpassing private banks, according to reports. Approximately 40% of total housing loans are for amounts exceeding Rs 75 lakh. Consumer loans also rose by 15.3%, reaching Rs 109.6 lakh crore.