In a sign of economic vitality, India’s credit industry’s assets under management have swelled 17% year-on-year to ₹130 lakh crore by end-December 2025. A Thursday report detailed this milestone, spotlighting trends shaping the future of lending.
Data powerhouse Experian reported a 36% surge in Q3 FY26 new loan sourcing against 7% previously, driven by unwavering credit hunger from consumers and corporates alike.
The report credits vigorous loan origination, secured loan proliferation, and asset quality enhancements for the boom. Overdue payments (30+ days) as a percentage of dues improved to 3.3% from 3.9%, a clear win for the sector.
Gold, home, and vehicle loans led with 42% growth, doubling last year’s 20% pace, powered by small-ticket gold loans below ₹3 lakh. Borrowers favor these for their security, aligning with lenders’ risk-averse strategies.
Home and auto segments grew steadily on the back of affordability gains. Holiday shopping lifted personal and consumer durables loans, but credit cards saw restrained issuance amid caution.
Experian India’s Manish Jain observed, ‘Stable demand, secured loan preference, and better repayments are propelling our credit ecosystem forward. Gold and home loans are key to sustainable borrowing.’ Public banks lead in major asset classes, NBFCs in niche retail.
This data reflects a sector maturing rapidly, with diversified growth engines ensuring long-term stability and inclusivity in credit access.