Leverage the benefits of credit monitoring for your business and customers
India’s retail credit growth continued to moderate in the quarter ending September 2024 due to a general cooling in the rate of credit demand growth and a decrease in credit supply across most loan products. Additionally, credit performance for consumption-led loans – defined as credit cards, personal loans and consumer durable loans – deteriorated compared to the same period last year. These were some of the findings of the TransUnion CIBIL Credit Market Indicator (CMI)1 report for the quarter ending September 2024.
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