If you’re looking to upgrade your gadgets, here’s some good news: you can club the purchase of a smartphone and a laptop ...
Pre-approved consumer durable loans are a fast and hassle-free way to finance big-ticket purchases. These loans are typically offered by banks and non-bank lenders to existing customers based on ...
TransUnion CIBIL report highlights rising delinquencies in personal loans, credit cards, and consumer durable loans, leading ...
Mumbai: Credit information bureau TransUnion CIBIL on Monday warned that the trend of rising defaults in consumption-led ...
The total portfolio of consumer durable loans across all regions has swelled from Rs 13,969 crore in March 2019 to Rs 40,432 crore by March 2024, indicating an overall growth rate of 190%.
TransUnion CIBIL stated that delinquency in consumption loans is an early sign of stress for borrowers, which may lead to ...
Led by a fall in demand in credit card spends, personal loans and consumer durable loans, the overall growth of retail credit, which has been the mainstay for lenders till the regulator asked to ...
Retail credit growth is slowing, with declines in home, auto, and credit card loan originations by up to 24% year-on-year by ...