(a) the details of increase in disbursement of personal loan, home loan and vehicle loan by
Indian/Foreign Banks in the country during the last three years. State-wise;
(b) whether this increase in loans has any adverse impact on Indian economy;
(c) if so, the details thereof alongwitl) the reaction of he Government thereto;and
(d) the corrective steps taken by the (jiovemment in this regard?
(MINISTER OF STATE IN THE MINISTRY OF FINANCE) (SHRI PAWAN KUMAR BANSAL)
(a): State-wise details of outstanding personal loans including home loans & vehicle loans of all
scheduled commercial banks furnished by the Reserve Bank of India, as on 31st March, 2005, 2006 &
2007 (latest available) is given in Annexure.
(b), (c) & (d): There was an increase of 23 per cent in personal loans outstanding as on 31st March
, 2007 compared with 31st March, 2006. This was somewhat lower than the overall credit growth in
the economy during 2006-07. The Government has been pursuing a policy to encourage growth while at
the same time disallowing inflationary pressures to build up in the economy including in specific
sectors financed by personal loans.