Monday, September 23, 2024

BANKING

Data from TransUnion CIBIL indicates an improvement in credit culture, with the share of prime-rated borrowers rising to 55% by June 2024. However, retail credit growth has moderated as banks and NBFCs tighten credit supply. Home loans and credit cards saw significant contractions, while personal loans grew modestly.

from Banking/Finance-Industry-Economic Times https://ift.tt/zLr01B7
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