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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
As auto sales slip in July, dealers pin hopes on upcoming festive fervour
The Indian auto industry reported a 10% year-on-year increase in sales in July, just like the last …
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 …
Retail auto sales grow 11% in September, but still below pre-Covid levels, says FADA
However, when compared to the pre-pandemic month of September 2019, sales were down 4%, FADA sai…
Shrinking car and two-wheeler sales is now hurting India’s biggest private bank
Shrinking retail loans was the primary reason for investor disappointment. Now, the lack of borr…
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 …
PhonePe sold a million two-wheeler insurance policies in less than 9 months
Digital payments platform PhonePe on Tuesday announced that it sold over a million two wheeler insu…
Wholesale growth expected to continue for tractors, passenger vehicles and two-wheelers, says equity research firm Emkay
As per its sectoral update, channel checks indicate better retail sales for tractors and PVs, wh…
Sales of two-wheeler is on a rise, here’s why
The reason for this shift towards trendy and gender-neutral scooters is the urban consumer, b…
Here is what to expect from Maruti, M&M, Hero, Bajaj Auto and other automakers in February auto sales
The auto companies are set to declare their monthly sales figures as we near the end of February. T…
RBI to increase repo rate by 45 basis points making vehicle loans expensive, says FADA
The automobile industry is still not out of the woods and the Reserve Bank of India's (RBI) move to…
Indians are borrowing heavily against gold— but it may have been wiser to borrow money to buy the precious metal instead of homes
The average Indian household has been taking on more debt for nearly half a decade now. In fact, de…
Non-bank lenders defying caution, growing riskier unsecured loans: Report
Delinquencies in the personal and consumer durables loans are expected to inch up this fiscal but …
PTI
Home loans up to ₹20 lakh may get cheaper and easier
The central bank is hoping that these measures would revive demand for homes as well as for invest…