Delinquencies in consumer durable and personal loans dip in FY22, says report
Delinquencies in consumer durable loans and personal loans have seen a dip between March 2021 and March 2022, as per a report by Crif High Mark
Portfolio at Risk or PAR–the proportion of delinquent portfolio–of personal loans in the 31-90 days bucket saw a marginal dip from 2.3% to 2.2%, as per the report titled CRIF How India Lends FY22. PAR had increased from 1.6% to 2.3% in FY 2021 as a fallout of the outbreak of Covid-19 pandemic. The 91-180 days bucket too saw a fall from 1.3% to 0.8% in FY22, reaching the March 2020 level, whereas the over 180 days bucket remained the same at 3.2% between FY21 and FY22.