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'Marked increase' in demand for credit cards, personal loans: Report
Demand for home loans in India saw a 1% decline in the December quarter, as personal loans and credit card applications rose by 50% and 77%, respectively. The trend is being driven by younger consumers seeking additional unsecured forms of financing for consumption-led credit products.
Demand for home loans in India saw a 1% decline in the December quarter, as personal loans and credit card applications rose by 50% and 77%, respectively. The trend is being driven by younger consumers seeking additional unsecured forms of financing for consumption-led credit products. 
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