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Rising household debt, a worry

The prospect of rising defaults on unsecured retail loans can impact not just the banking system, but also hit growth



  • C P Chandrasekhar & Jayati Ghosh

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How the retail segment is pushing systematic credit growth faster

Systematic credit has been growing at 8 per cent CAGR since FY19 and at a much faster 12.5 per cent CAGR since FY21. The share of retail within systematic credit is also increasing Y-o-Y from 30 per cent in FY19 to 37 per cent in FY24. Retail credit, on the other hand, witnessed solid Y-o-Y growth at low teens since FY23 and the share of personal loan and gold loan have increased while that of housing and auto loan has decreased. However, moderation in retail credit growth is expected on account of RBI’s increase in risk weight mandate for riskier loans.  Compiled by Arun K Shanmugam




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‘22,000 firms not registered as NBFCs committing financial frauds’

Sachin Pilot asks Reserve Bank of India to act fast




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SFIO finalising report into alleged fraud at Reebok




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Posco land acquisition continues




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Resolution authority on cards to deal with financial distress: RBI




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IT Secretary lashes out at Cisco




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Hero MotoCorp to invest Rs. 5,000 crore to raise global production capacity




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Air travellers' body questions ‘non-existent’ low fare offers




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Wipro posts 7.2 per cent rise in Q2 net profit

Consolidated net profit of India's 3rd largest software services firm is Rs 2,235.4 crore




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International players eye India’s solar mission

“Ninety per cent of India’s solar panels are imported. Currently, most panels in India are Chinese manufactured”




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Mukesh Ambani details succession plan; retail to Isha, energy to Anant

Mukesh Ambani says he isn’t retiring yet




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Cyrus Mistry killed in car accident

Former Tata Sons chairman was travelling to Mumbai when car hit a divider




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How does tokenisation prevent online card fraud?

Why has the RBI mandated the generation of a token for online merchant purchases? How will this move keep hackers and scammers at bay? Will it lead to better consumer security?




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Minister promises IBM all support to expand activities in Kerala




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Explained | What are the latest revisions to the process for the sale of SIM cards?

The revised norms deal with bulk procurement of SIM cards and require the distributors, franchises and agents selling SIM cards to undergo thorough verification, including a check by the police




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The Competition Commission’s proposed regulations on merger thresholds | Explained

The Competition Commission of India has proposed certain definite thresholds for mergers as part of the larger regulatory ambit, in line with the amendments to the Competition Act earlier this year.




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Why tourism in Himachal is not reaching its zenith: The loopholes

Rather than starting with an all flowery accolade to the beauty of Himachal, let’s see why it never reaches the potential it has. While numbers and statistics of tourism in Himachal show a soaring growth trajectory, the ground reality is abysmal. It is not just the infrastructure or the facilities. It is the overall take […]




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Himalayan Startup Trek 2018 Is Here! Are You Ready To Kickstart Your Entrepreneurial Journey?

When: 28th & 29th April 2018 Where: IIT Mandi, Himachal Pradesh Last Date To Apply: 31st March 2018 Startups have witnessed a boom throughout India since the last decade and the hillstate of Himachal Pradesh is no exception to it. The startup trend in Himachal Pradesh has been growing rapidly and a major contribution to […]




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What Himachal Pradesh did for Summer Visitors?

Himachal is said to be the God gifted area of India where you can visit and touch the snow even in June. As no other major industry is there to rare the economy of this small hill state, only tourism industry can make the state self-sufficient. All the Governments which ruled the state since its […]




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Naba Kumar Saraniya is not going to contest in upcoming 2024 Lok Sabha Election

Militant turned politician Naba Kumar Saraniya is reported to be not to contest in upcoming Lok Sabha Election 2024. One of Saraniya’s own security personnel revealed it to Times of Assam. Saraniya, two times MP (Minister of Parliament) from the Kokrajhar Lok Sabha Constituency till date, is now in the dilemma of losing the upcoming […]

The post Naba Kumar Saraniya is not going to contest in upcoming 2024 Lok Sabha Election appeared first on TIMES OF ASSAM by Dhruba Jyoti Deka.




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Unable to watch Tiger 3 on Amazon Prime Video? Here is the solution

A handful of Indian media reported that Salman Khan and Katrina Kaif starrer action thriller film Tiger 3 started streaming on Amazon Prime Video from today. But Prime Video users are unable to watch Tiger 3 on their OTT devices. Also read: Tiger 3 OTT Release Announcement | Know When and Which Platform. The announcement […]

The post Unable to watch Tiger 3 on Amazon Prime Video? Here is the solution appeared first on TIMES OF ASSAM by Dhruba Jyoti Deka.




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Journalist Anil Majumdar was Killed By Former DGP of Assam | ULFA : The Mirage of Dawn

In a shocking revelation, senior journalist Rajeev Bhattacharyya’s latest book ‘ULFA : The Mirage of Dawn‘s page no 280 reads that “A former Director General of Assam police hired a surrendered ULFA (SULFA) activist to assassinate editor Anil Mazumdar in Guwahati on 24 March 2009.” The same also added “After two weeks, the police chief […]

The post Journalist Anil Majumdar was Killed By Former DGP of Assam | ULFA : The Mirage of Dawn appeared first on TIMES OF ASSAM by Dhruba Jyoti Deka.




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Is the e-way bill system another inspector raj?

While there are glitches, the system has smoothened goods movement




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Synchronised polls are a smokescreen

The elephant in the room as far as poll reform is concerned, namely funding of elections, is conveniently obscured




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Unsold inventory in ongoing projects spells a crisis:Gautam Chatterjee




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Done in by discounts?

Undercutting by online aggregators has made business unviable, be it food delivery, hotel booking or cab services, complain offline operators. How to deal with digital disruption, is the question




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Coffee in crisis

Kodagu farmers remember the hillside crashing down on their plantations following heavy rains




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ZBNF spells 'amogh' benefits for this farmer

But Amog Gurave’s experience shows that wider adoption requires measured steps, not a rapid govt push




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Haryana elections: Not just Pakistan; rural distress too a factor

Farmers’ groups raise concerns over cotton crop, rural incomes and cost of clearing stubble




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IIM-A fees and the crisis in liberal education




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Students not branded anti-nationals, facts twisted about CAA, says Minister Mukhtar Abbas Naqvi

Lies are being spread by the bogus brigade of vested interests, says Minister Mukhtar Abbas Naqvi




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Agri business and tourism bear the brunt

Small traders of farm produce took a big hit with disruption in online bill processing




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No man's land: Dalit women in Maharashtra take on patriarchy, casteist forces to claim cultivation rights




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More compliance does not mean tax terrorism: Gopal Krishna Agarwal




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It is corruption as usual in Tirupur




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Is ‘tax terrorism’ for real?

Arrests and imprisonment over tax offences have increasingly become commonplace, raising questions of official overreach. BusinessLine reports




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‘Aviation sector’s expectation of govt bailout unrealistic’




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Summer of discontent for small investors

Whether it’s PMC, DHFL, CKP or Franklin Templeton, it’s a story of ordinary middle-class folk losing their life savings




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‘Financial literacy is important to assess risk, to ask questions’




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Paralysis in Maharashtra




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How Covid-19 has disrupted shipping operations and seafarers' lives

Covid-19 has dealt a cruel blow to over two lakh seafarers and their families, by disrupting shipping operations and schedules. P Manoj reports




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Publishing in the time of a pandemic

Covid-19 has hit book publishing in unimaginable ways, forcing publishers, writers and readers to alter their behaviour. Jinoy Jose P tries to read the mind of the market




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Covid-19: A blessing in disguise




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Say cheese, says the organised dairy sector

And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as against vending in loose. Rutam Vora and Vishwanath Kulkarni report




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Atmanirbharta in toy-making is no child’s play

The PM’s call to become a world beater in toys has created a buzz around Gujarat’s clock town Morbi. But there’s the Chinese competition to deal with.




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Is GST about ease of doing business?

Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers and all MSMEs. BusinessLine reports




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Passage migrant bird spotted in Kanniyakumari is new addition to T.N.’s bird checklist

The spotting of the rare bird and its photograph were uploaded on eBird platform, where an entry was made after verification. The bird has been spotted a few times in Kerala




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Citizen science projects in Visakhapatnam engage community members to document biodiversity

Environmental organisations in Visakhapatnam, Vizianagaram and Srikakulam are leading citizen science projects, transforming individual observations into contributors to science




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What is GRAP Stage-2 enforced in Delhi to combat severe air pollution?

The air quality is predicted to be in the ‘very poor’ category for the next six days, according to the Central government’s Air Quality Early Warning System for Delhi