Retail delinquencies of non-banks on the rise in April-June quarter

Retail loans have for long been perceived to be safe, but recent data sets released by companies and the Reserve Bank of India show that retail delinquencies of non-banks are on the rise. Consumption-financing behemoth Bajaj Finance too has admitted that credit quality in categories such as two and three-wheeler financing and digital products has […]

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/31z8tOX