Fastest growing districts in terms of Personal Loans (Personal loans, as defined by RBI includes all loans taken by individuals – secured and unsecured)

Arunachal Pradesh is an unusual place. Not much is known about it and it has a small base. Yet, on a sustained basis, over a 6 year period, four of its districts have figured among the top 6 districts in India in terms of growth in personal credit. Haryana is another place which has seen a boom with four of its districts figuring in the top 15.

The growth in credit in this category has been much lower than in the personal credit category. The districts that have grown fastest are those that are not in the top pecking order, yet they are not very small either. Lohit, in Arunachal Pradesh  is unusual because it shows a negative growth in personal credit. Its possible that personal credit were routed through Professional credit in reality. Rewari is another standout – high growth in Professional combining with a negative growth in personal credit.

 Data  Indicus Analytics

Source: Free Wheeling