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RETAIL CREDIT GROWTH INDIA
China's factory output growth quickens in August, retail sales slowChina's industrial output grew 5.2% in August, quickening from July's performance. Retail sales saw a slower increase of 0.4% during the sa...
India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
First-time borrowers deepen credit reach: Credit uptake among eligible Indians more than doubled to 74% in March from 35% in 2017Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly con...
SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tighteningEconomists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ong...
Can SS Retail IPO deliver long-term growth for high-risk investors?SS Retail plans a ₹360 crore IPO to fund expansion and working capital needs. The company's revenue and profit saw significant annual growt...
Bank deposits grow 17.8% in August, fastest in decade as FCNR-B inflows mask local mobilisation woesBank deposits grew 17.8% year-on-year at the end of August, the fastest pace in a decade, driven largely by a surge in FCNR-B deposits afte...
As China slows, global FMCG and consumer giants from L'Oreal to Nestle bet big on IndiaIndia is becoming a key growth focus for global consumer companies. Rising incomes and expanding retail offer major untapped market potenti...
Bank of India mobilises $2.33 billion via FCNR(B), enough to meet one-quarter lending needs: CEOBank of India secured USD 2.33 billion through FCNR(B) deposits, replacing bulk funding sources. This mobilization will meet approximately ...
AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEOAs artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...
ET Alpha Wealth Summit 2.0: How are India's family offices investing in 2026?At ET Alpha Wealth Summit 2.0, experts will explore how India’s family offices are reshaping their investment strategies in 2026. From priv...
OBPPs pitch investor protection fund for retail bond investorsProviders of online bond platforms are advocating for the creation of a new investor protection fund. This initiative is designed to serve ...
Apparel retail growth to moderate to 13 pc in FY27 as consumers diversify spending: ReportIndia's clothing retail market is projected to achieve a growth rate of twelve to thirteen percent in the current fiscal year, a slight dec...
India’s organised apparel retail revenue to grow 12-13% in FY27, margins may shrink: CrisilProjected revenue growth in the organized apparel retail market is expected to reach between twelve and thirteen percent this fiscal year. ...
Indian banks' names keep fading from your loan documentsThe landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs a...
India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
IDFC FIRST Bank earns international credit rating, marking a step towards global financial marketsIDFC FIRST Bank has been awarded a BBB- Long-Term and A-3 Short-Term credit rating, underscoring its strong capital position and operationa...
Gold loans, consumer durables drive NBFC credit growth to 14.9% in JulyNon-banking financial companies saw 14.9 percent credit expansion by July end. This growth accelerated from last year's 10.6 percent expans...
Gold lending industry to witness nearly 28% CAGR over FY26-28E: Motilal Oswal ReportIndia's gold lending industry is projected to witness approximately 28 per cent compound annual growth rate (CAGR) over FY26-28E, driven by...
Carrefour eyes India expansion via organic route, acquisitionsFrench retailer Carrefour has re-entered India through a partnership with Apparel Group. The company plans to open multiple stores across D...
Bank credit to industry rises 20 percent in July: RBI dataBank credit to industry grew by twenty percent in July, while agriculture advances expanded faster. Non-food bank credit saw nineteen point...