Public sector banks, on the other hand, dominate the affordable housing loan space, wherein their market share is 37%.
As of March 2021, two-wheeler loans had a portfolio outstanding of Rs 77,900 crores, growing at a rate of 10.6 % by value and 6.3 % by volume
The used two-wheeler market differs in consumer behavior, sales process, product attributes and the overall support ecosystem.
All the commercial banks and non-banking financial companies offer two-wheeler loans with lots of offers
Even customers in the low-risk tiers report downward momentum while consumer credit portfolios of non-PSBs see signs of stress, says RBI report