New Delhi, April 23 -- Retail credit in India has witnessed significant growth over the last ten years, from 9 per cent of GDP in 2013-14 to 18 per cent in 2024-2025, while bank credit has largely remained stable, according to a report by Motilal Oswal.

"Bank credit to GDP has remained relatively stable at 55 per cent over the past decade. In contrast, retail credit in India has witnessed significant growth, with its share of GDP rising to 18 per cent in FY25 from 9 per cent in FY14", said the report.

Bank credit to GDP during the period has remained relatively stable at 55 per cent over the past decade.

Retail offers huge untapped potential, and rapid retailization of loan books is being done by banks, the report added.

The growth in...