Personal loan defaults highest in education, lowest in housing, shows RBI report

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Deal Lieutenant
jioanupt

https://www.moneycontrol.com/news/business/pers...

Interesting info in association with credit card - EDUCATION LOAN

Credit card NPA @ 1.8%  education loan Double that

1.3 % in auto &1.1 housing 

 

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Interesting statistics news content:) VU+ for awareness sharing:)
Deal Lieutenant Deal Lieutenant
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ah as far as i know "house loan" IS SECURED kinda and "education loan" is UNSECURED kinda


so hence the obvious happens

Deal Lieutenant Deal Lieutenant
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It should be other way around in a progressive economy but reality is🙃🙃

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