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What do you understand by loan market in India?

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One of the reasons for boom in Indian economy is that now a day’s loans are easily available and the rates of interests at which they are available are very reasonable. Banks are giving loan for and loan against any and every thing. Government too is encouraging people to take loans for certain purposes.
To own a house is the dream of almost every individual. In India, demand for home is more but not everyone is financially strong to own the house. Here comes the concept of home loans given by various banks, financial institutions, housing financing companies like HDFC, State Bank of India. Security for the loan that the lender makes to the borrower is known as the Mortgage. Home Mortgage loan is the loan secured by real property which is offered by the borrower to the lender against loan taken. Home mortgage loan is easily available in the market. Small business means business on a small scale. The amount of investment is small as the nature of business is small. Large scale business requires huge amount of investment as the spread of business is huge. Funds are required to start a business whether small or big. The returns in business are not stable.