== Loans ==
=== India - A consumption boom is taking place ===
* According to study by Bank of Baroda, India is riding a CAGR growth in excess of 35% for the last 5 years in 'retail loans' category
* Despite this, the penetration of credit products as a % of GDP is still very low
* Reasons could be (a) credit aversion (b) no distinction between good and bad paymasters (c) propensity to save is high due to insecure healthcare and social security concerns.
[[Image:Credit boom in India.jpg|thumb|center|600px|Consumption boom]]
[[Image:Consumption boom in India.jpg|thumb|center|600px|Consumption boom]]
=== Trends ===
==== Aspirational society (society turning aspirational) ====