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Slowdown in credit card growth continues, disbursement at 4-year low: Repo
Updated : 1 year, 2 months ago IST
The credit card sector in India is witnessing a slowdown, with disbursement growth falling to a four-year low, according to a report by ACMIIL, a stock market firm.
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Stress in Credit card segment to peak in coming 1 or 2 quarters: Phillip C
Updated : 1 year, 3 months ago IST
The overall credit costs in the credit card segment are expected to peak in the next one to two quarters, according to a report by Phillip Capital.
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New credit card issue declined by 45 per cent YoY in October: Report
Updated : 1 year, 6 months ago IST
The credit card industry witnessed a sharp correction of 45 per cent year-on-year in October as the new credit card issue declined to 7.8 lakh from 16 lakh cards issued last year during the same month.
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Credit growth subdued, retail growth moderates to 10.6 pc: Motilal Oswal
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 2 (ANI): Retail credit growth in the country moderated to 10.6 per cent year-on-year for the fortnight ended September 11 versus 17 per cent in January with home loan growth moderating 11 per cent, according to Motilal Oswal Institutional Equities.
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