Sunday, September 29, 2024

BANKING

India's smaller towns and rural areas are seeing a rise in credit-driven consumption due to increased consumer financing and new bank accounts under the Pradhan Mantri Jan Dhan Yojana. This trend is evident in the purchase of two-wheelers, electronics, and smartphones, with finance companies expanding their reach into these markets.

from Banking/Finance-Industry-Economic Times https://ift.tt/iSfMgbO
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