Retail Credit
Latest news, explainers and analysis on Retail Credit. Tracking 2 stories on Arth Vani.
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Latest on Retail Credit
BreakingGold Loans Surge 69% as NBFC Retail Credit Growth Hits 22%, RBI Data Shows
Non-Banking Financial Companies (NBFCs) recorded a 22% growth in retail credit, driven by a massive 69% spike in gold loans. The Reserve Bank of India's latest report highlights a shift in consumer borrowing patterns as NBFCs expand their reach in the retail segment.
BreakingSmall Personal Loans Overtake Credit Cards in India's Lending Market
A new report from TransUnion CIBIL reveals that Indian consumers are shifting away from credit cards in favor of small-ticket personal loans. This trend highlights a significant change in how retail borrowers access unsecured credit for their consumption needs.
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