India’s retail credit market has continued to show sustained growth during Q2 2023 on the back of consumption-led demand. Credit supply (originations) grew at 15 per cent year-over-year (y-o-y) compared to the corresponding quarter a year ago, while loan delinquencies remained largely stable, according to the latest TransUnion Cibil Credit Market Indicator (CMI) report for the quarter ending June 2023.