Retail Lending

Fresh mall supply, rising footfalls and strong demand from apparel and homeware brands lift retail leasing in Delhi-NCR, with vacancies in top-grade spaces at historic lows

Ironically, lending is the only business where sale or disbursement doesn't result in a profit

The stress in parts of retail lending is leading to business opportunities for those associated with the ecosystem

Asset portfolio shrinks sequentially; growth seen moderating by 2-3 percentage points in FY25

The share of digital loans has increased from 1.8% of total retail loans in FY22 to around 2.5% in FY24, revealed a report by Redseer Strategy Consultants

L&T Finance Ltd is aiming at a 25-per cent compound annual growth rate (CAGR) over the next few years, with focus on consolidating its retail lending business, a top company official said on Wednesday. The financial services arm of Larsen & Toubro plans to completely exit the wholesale segment by 2026, transforming itself into a 100 per cent retail non-banking financial company (NBFC) from nearly 94 per cent at present. The company's new offering Complete Home Loan' signifies a fresh impetus to its mortgage business, he said. The lender also expects this product to surpass microfinance in terms of book size in the near future. "Fueled by the revival in credit offtake, we will maintain our robust growth trajectory of 25-per cent CAGR over the next few years. With the larger ticket size of home loans, this portfolio is expected to surpass microfinance assets in the coming years," MD & CEO of L&T Finance Sudipta Roy said. "However, even if the mortgage book size ...

Peer-to-peer (P2P) lending is the practice of lending money to individuals or businesses through online services that match lenders with borrowers

They must also avoid applying for too many loans within a short span

State-owned lender's gross global advances up 20% YoY to Rs 8.24 trn; retail lending portfolio grows 12.5%

Impact of Covid-19-induced economic disruption continues to linger, lenders say

Within this space, vehicle loans continued to perform well, growing at an accelerated 10% this November, compared to 4.7% a year ago, RBI said in statement

Former RBI deputy governor R Gandhi on Wednesday said some lending apps have been indulging in wrongful recovery practices for loans

In a Q&A, the lender's MD & CEO, Amitabh Chaudhry, also dwells on the stimulus package announced by the government, and risk aversion by banks

The company offers its retail customers housing and non-housing loans

A senior State Bank of India (SBI) executive said in the case of large corporates, where there is consortium and social banking, the decision will be taken in consultation with all the lenders.

Banks and finance companies may do more lending business in the retail segment on the digital platform

Retail lending, however, is growing at a decent rate, the bank said

The lender's Executive Director-Retail Banking says the bank is not seeing any stress in the retail lending segment

Consumer durable and housing loan accelerated the most, service sector witnesses a sharp fall in the credit growth rate

While delinquency rates for credit cards and home loans rose moderately by 9 basis points and 4 basis points, respectively, loans against property saw a steep rise of 33 basis points