Data from the Reserve Bank of India shows that in November, the loan growth rate of various Banks in India has slowed for the fifth consecutive month. Previously, the Reserve Bank of India cracked down on "excessive" lending, and Banks have since continued to control unsecured loans and personal loans. For a period of time, benefiting from healthy retail demand and urban Consumer, the loan growth rate of various Banks in India has maintained double digits. However, at the end of 2023, due to concerns about non-performing loan risks, the Reserve Bank of India raised capital requirements for personal loans and credit card Business, which has now led to a slowdown in loan growth in these areas.