mumbai consumer loan demand for twowheeler and consumer durable loans has seen significant drops since the nov 8 2016 demonetisation announcement according to a new analysis by transunion cibil at the same time demand for other consumer loan types including credit cards and auto loans have crept up through dec 2016 after a sharp decline that was the immediate response to the announcement it said prior to november 08 credit demand was growing at an average 35 on an annual basis across all loan products with significant yearoveryear growth in demand for consumer loans up 71 and credit cards up 41 this growth was seen broadly across the spectrum of lenders transunion cibil study indicated a broadbased growth across all geographies and were accompanied by historically low nonperforming asset npa rates as banks instituted strong datadriven risk management practices in the week after the demonetisation announcement transunion cibil saw a significant decrease in new credit demand with the focus for both consumers and bankers being cash exchange and collections said ms amrita mitra vice president financial services research and consulting at transunion cibil twowheeler and consumer durable loans usually serviced by private banks and nbfcs were most negatively impactedsignificantly in key geographies like maharashtra gujarat andhra pradesh west bengal