Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Rising multiple-loan exposure, faster growth in used-car financing and pockets of higher delinquency point to a changing risk profile in India's vehicle-credit market.
For regular customers, the bank is offering interest rates of up to 8.25% a year, while senior citizens can earn as much as 8.50% a year under the revised rate structure.
Gold remains the preferred anchor because of its defensive characteristics, central-bank demand and diversification benefits. Silver provides additional growth potential.