You Searched For "consumer credit" and got 20 results
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2 mins read
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
2 mins read
Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
7 mins read
Welcome to credit card points mania
Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…
Juliana Kaplan
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
2 mins read
India’s credit card market set to double by 2029, reaching 200 million cards
India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…
3 mins read
India's corporate credit quality is getting stronger: S&P Global
S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, ma…
ANI
10 mins read
The best way to fix your credit score? Ignore it.
Credit scores and reports can be daunting to think about for consumers. For companies from Experian…
Emily Stewart
3 mins read
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
10 mins read
Credit card rewards are turning us into jerks
The battle to rack up credit-card rewards is turning friends against each other.
Emily Stewart
2 mins read
SBI report says inflation will remain around 5 per cent this fiscal
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…
ANI
3 mins read
Trump called inflation a disaster for consumers — and Musk blamed it on government waste
Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…
Theron Mohamed
2 mins read
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
4 mins read
Water shortage detrimental to India's credit health, may spark social unrest: Moody's
Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sector…
PTI
2 mins read
Nifty, Sensex sees sharp slide after RBI credit policy
Indian stock markets which opened in the green in the morning trade, fell sharply after the central…
2 mins read
Kroger's CEO says it isn't the supermarket's fault that groceries are more expensive, it's due to things like credit card swipe fees and fuel costs
A Kroger executive said in a court testimony last week that the retailer hiked its milk and egg pri…
Kwan Wei Kevin Tan
3 mins read
Adani Group to invest 100 billion US dollars in energy transition, manufacturing green energy capability: Gautam Adani
Adani group will invest more than USD 100 billion (around Rs 835 crore) in energy transition projec…
PTI
4 mins read
Biden's change to credit card fees could be worth nearly $3 billion to American consumers
The Biden administration set a new limit on credit card late fees, and it could be worth billions t…
Cork Gaines
2 mins read
India's non-cash payments on e-commerce platforms surge to 58.1% in 2023
India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…
ANI
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…