Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI
Mumbai: Credit card spending increased by 27% year-on-year to Rs 18.26 trillion in the financial year 2023-24 (FY24), up from around Rs 14 trillion in the previous year, according to the latest data from RBI.
Pvt banks top PSBs in total credit share
New Delhi/IBNS: The private banks in the country have disbursed more credit than their state-owned peers in the second quarter ended September 2022, increasing their share to 38.4 percent from 37.5 a year ago, according to an RBI report.
Tips to Get a Low Interest Personal Loan in India
The popularity of personal loans has been changing the scenario of the Indian lending market. As per stats released by the Reserve Bank of India, personal loans accounted for as much as 96% of non-food credits in the year 2018.
Make Sure You are Eligible for Personal Loan in 2020 with these Tips
For a common person in India who is salaried, lives in an urban area on rent, it is hard to get a loan without any credit. Especially in situations where the money is required to meet any personal need or an emergency, a common man is not expected to get the loan from banks or financial institutions without any collateral. However, with the popularity of personal loans increasing each day, this fact is quickly turning into a myth.
Mumbai, Nov 11 (IBNS): For the benefit of pre-paid customers running out of balance, Vodafone is providing small credits on both talktime and internet. Additionally, Vodafone India has also extended the bill payment date by three days for postpaid customers in Mumbai and Delhi.