Commercial loan origination volumes dip 4.3% in FY22; avg ticket sizes jump ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 22
Commercial lending origination volumes declined by 4.3 per cent to 22.2 lakh loans in the COVID-affected FY22, a credit information company said on Wednesday. If one has to look at the originations by value, there was a 73 per cent jump to Rs 66.49 lakh crore, while the portfolio outstanding at the end of the fiscal grew 8.5 per cent, the report by Crif High Mark said. The average ticket sizes for commercial loans across lenders witnessed a huge spike during the year, with state-owned lenders reporting the number at Rs 3.34 crore in FY22 against Rs 1.65 crore, and that of private banks stood at Rs 3.30 crore compared to Rs 1.85 crore. Commercial lending includes a credit of over Rs 10 lakh t

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