New Delhi, March 3 -- The latest data presented by the Reserve Bank of India (RBI) show easing of personal loan expansion in India's financial sector. Personal loan expansion year-to-year was 14.2% in the fortnight as of January 24, 2025 as detailed in a press release by RBI on Feb 28, 2025.

This, in the case of the sample 41 commercial banks covering virtually all the universe of non-food credit (more than 95%). On a year-on-year basis, non-food bank credit as of the fortnight ended January 24, 2025 registered a growth of 12.5% which is a three month high as compared to 16.2% for the corresponding fortnight of the previous year, the RBI elaborated further.

Therefore, RBI's incisive examination of such moderation in growth of consumer l...