Personal Loans in India: Where the Money Goes!
As of May 30, 2025, here's how India’s ₹60 lakh crore+ in personal loans is split:
Housing dominates with ₹30.4 lakh crore (50.1%)
Other Personal Loans: ₹15.3 lakh crore (25.3%)
Vehicle Loans: ₹6.4 l
Credit Card Spends in India
• FY25 : ₹21.16 Lakh Crore
• FY24 : ₹18.32 Lakh Crore
People Spent ₹2.02 Lakh Crore in March 2025
India Has Over 10.98 Crore Active Credit Cards
India's defence production reached ₹1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. Defence exports hit a record ₹21,083 crore in FY 2023-24.
In the financial year 2025, the direct tax revenue has hit an impressive ₹16.9 lakh crore! Here’s the breakdown:
- Personal tax contributes ₹8.7 lakh crore
- Corporate tax is at an astounding ₹27.7 lakh crore
- Securities transaction tax stands at ₹