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This Article is From Nov 21, 2017

Personal Loans Will Grow As Aspirations Rise, Says Kotak Mahindra Bank

Personal Loans Will Grow As Aspirations Rise, Says Kotak Mahindra Bank
Customers fill in forms as other customers wait in line to withdraw cash at a State Bank of India branch in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

The uptrend in personal loans in India is mirroring the surge in consumption demand and lifestyle aspirations, Kotak Mahindra's President of Consumer Banking, Shanti Ekambram told BloombergQuint.

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