The lender’s overall loan book grew by 10% year-on-year led by 26% growth in retail loans. But the increasing share of more secure retail loans should resolve this issue to some extent in the coming quarters. Retail loans have risen to 67% of the total loan book as of March. While historically retail loans fare well on asset quality, the pandemic has meant that this segment too has begun to wobble. But today’s drop of more than 2% perhaps shows that investors are taking note of asset quality pressures.

Source: Mint May 10, 2021 07:41 UTC