Home Credit India, a local arm of the leading global consumer finance provider, has released the findings of its annual consumer study – How India Borrows. The sixth edition of the study reported a significant shift in borrowing patterns among the lower-middle-class consumers, transitioning from survival-driven borrowing to one fuelled …
Read More »Consumer Durables and Business Loans Key Drivers of Credit Growth: How India Borrows Survey
Consumer Durables and Business Loans continue to be the key reason for borrowing showcasing consumer confidence is high in Indian economy. 39% Indians would like a reputed organisation to educate them about finance related tasks over internet. About one-fourth Indians consider the loan offers received on WhatsApp as trustworthy. EMI …
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