Housing Loan in FY 2022-23: Even though taking a home loan has become expensive in the year 2022, but its effect is not visible on the home buyers. It has been revealed in the RBI Report on Home Loan that the number of home loan borrowers has increased by 15 percent year-on-year and the home loan outstanding amount has increased to Rs 19.36 lakh crore as on 31 March. .
This much increase in home loan year after year
The outstanding home loan amount in March 2022 was Rs 16.84 lakh, while the outstanding home loan amount in March 2021 was Rs 14.92 lakh crore. In such a situation, more people have taken home loans this year than in March 2022. These figures are shocking because last year, due to inflation in the country, the Reserve Bank (RBI Repo Rate Hike) has continuously increased the repo rate. In such a situation, the repo rate has increased by a total of 2.50 percent. The increase in the repo rate has a direct impact on the customers taking loans from the bank and for the monthly EMI (EMI Costly) they have to shell out a lot more than before.
Personal loan also increased
It has also been revealed from the RBI report that the number of people taking personal loans has also increased this year. The growth rate of total registered personal loans in 2023 is 20.6 percent. Whereas last year this figure was only 12.60 percent. On the other hand, talking about industry loans, a year-on-year growth of 5.7 per cent has been recorded in it. Whereas last year this growth rate was 7.5 percent. In such a situation, a big decline has been recorded in the growth rate of business loans this year.
Big industries have been given 3 percent more loans this time. Whereas last year it was only 2 percent. On the other hand, last year, 54.4 percent more loans were distributed to the medium industry, which fell to 19.6 percent this year. At the same time, the growth rate of loans given to micro and small industries has been 12.3 percent. It was 23 per cent last year.
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