You Searched For "consumer durable loans" and got 20 results
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2 mins read
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
3 mins read
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
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
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
3 mins read
Indians are taking more personal loans, buying consumer goods on credit, says report
Personal and consumer durable loans almost doubled between FY19 and FY22, despite a lull for two ye…
3 mins read
EPACK Durable falls 9.7% below its issue price on debut day
Air conditioner manufacturer EPACK Durable disappointed the grey market by listing 2% below its iss…
4 mins read
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
2 mins read
RBI curbs on Bajaj Finance not a structural issue, multiples derating likely if issue persists
The Reserve Bank of India earlier this month has directed Bajaj Finance “to stop sanction and disbu…
3 mins read
Consumption loans take a breather in July-September 2023 period, even as delinquencies rise
India’s retail loan growth moderated in the second quarter of FY24, especially in consumption-led s…
2 mins read
Personal loans remain the dominant Fintech product, accounting for 96% of the total disbursement volume: Equifax and FACE
The highest number of personal loans are disbursed in less than ₹5,000 ticket size. Digital loan d…
2 mins read
Credit cards, personal loans & more – India’s youngest adults lead in credit inquiries
As India’s youngest adults are going for credit cards, consumer durable loans and personal loans – …
3 mins read
Amazon, Flipkart and Myntra sales – all unaffected by low consumer sentiment
India’s e-commerce titans — Amazon, Flipkart and Myntra — are all hosting their mid-year sales at t…
3 mins read
MSMEs with bank loans due up to Rs.50 crore can get their loans restructured
The second iteration of RBI’s restructuring offer was originally introduced in early May but was…
4 mins read
This Motilal Oswal-backed startup is planning to issue a million credit-based cards in the next 150 days relying on the $2 billion worth loans it disbursed
Credit-based payment cards are getting quite an uptick as people’s consumption habits have taken a …
2 mins read
RBI directs banks and NBFCs to comply with interest waiver scheme
The Reserve Bank of India (RBI) has notified the Centre's scheme for ex-gratia payment of differenc…
2 mins read
SC directs govt to implement its decision to forego interest on eight categories of loans
The eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housi…
PTI
2 mins read
Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know
The Compound Interest Waiver Scheme was released by Indian’s Ministry of Finance on October 23. It …
3 mins read
Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13
Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…
2 mins read
Kamath Committee outlines loan restructuring parameters for 26 sectors
The expert committee has recommended financial parameters including aspects related to leverage,…
3 mins read
RBI Governor warns of higher bad loans, uncertain economic outlook
A protracted lockdown, which began on March 25 and continued in various phases albeit with signific…