At its meeting held on April 7, 2025, the Board of Home Credit appointed Vivek Singh as the Chief Executive Officer, effective immediately. Mr. Singh brings over 20 years of extensive experience in the financial services sector, with a strong focus on building and scaling businesses, driving digital transformation, and …
Read More »How India Borrows 2024: Home Credit India Study Reveals Aspirational Borrowing Trends, Rising Digital Adoption, Increase in EMI Cards & App-Based Banking
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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