Mumbai, January 16: The rise in consumer credit growth especially concentrated in lending categories such as credit cards and personal loans continues to grow, says finding by TransUnion CIBIL current year (CY) Q3 2019 Industry Insights Report. The continued development of trends witnessed in the first half of the year indicates that consumers are adjusting towards moderating macro-economic conditions. “Flattening demand for large-ticket asset purchases is causing slower asset finance loan originations, while consumers may be increasingly turning to consumption credit products to help finance day-to-day living expenses. This shift in consumer credit demand warrants ongoing monitoring to understand the impact on lender portfolios,” says Abhay Kelkar, vice president of research and consulting for TransUnion CIBIL.