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Personal loans grow 14% driven by cards & gold | Mumbai News – Times of India

Personal loans grow 14% driven by cards & gold | Mumbai News – Times of India

  • Post author:1m1bchangemakers
  • Post published:September 2, 2024
  • Post category:Business
  • Post comments:0 Comments

MUMBAI: Credit card dues have emerged as the fastest-growing segment among sectors that account for over 1% of total bank loans as of July end. Outstanding credit card balances grew…

Continue ReadingPersonal loans grow 14% driven by cards & gold | Mumbai News – Times of India
Bank loans to NBFCs slow, card & gold continue to surge – Times of India

Bank loans to NBFCs slow, card & gold continue to surge – Times of India

  • Post author:1m1bchangemakers
  • Post published:August 1, 2024
  • Post category:Business
  • Post comments:0 Comments

MUMBAI: The year-on-year growth in bank credit to non-banking finance companies has decreased sharply to 8.5% as of June 2024. However, credit card outstanding and gold jewellery loans continue to…

Continue ReadingBank loans to NBFCs slow, card & gold continue to surge – Times of India

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