2. Just exactly What loans will qualify underneath the definition of private portion?
When it comes to RBI circular DBR.No.BP.BC.99/08.13.100/2017-18 dated January 4, 2018
Unsecured loans relate to loans provided to individuals and contain (a) customer credit, (b) education loan, (c) loans offered for creation/ improvement of immovable assets ( e.g., housing, etc.), and (d) loans given for investment in economic assets (stocks, debentures, etc.).
Credit rating as defined above relates to the loans provided to people, which consist of (a) loans for customer durables, (b) charge card receivables, (c) automobile financing (apart from loans for commercial usage), (d) unsecured loans secured by silver, gold jewelry, immovable property, fixed deposits (including FCNR(B)), stocks and bonds, etc., (aside from for business / commercial purposes), ( ag ag e) signature loans to experts (excluding loans for company purposes), and (f) loans provided for any other consumptions purposes ( ag e.g., social ceremonies, etc.). Nevertheless, it excludes (a) training loans, (b) loans provided for creation/ improvement of immovable assets ( ag e.g., housing, etc.), (c) loans offered for investment in economic assets (stocks, debentures, etc.), and (d) usage loans provided to farmers under KCC.