May 07, 2026 06:17 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Who after Mamata in Bengal? Amit Shah to meet BJP MLA-elects ahead of May 9 oath | Vijay’s TVK seeks Congress, Left support after falling short of majority in Tamil Nadu | Jolt to TMC! Supreme Court rejects plea challenging central staff deployment at Bengal counting centres | Bangladesh MP warns of refugee crisis if BJP wins West Bengal polls | Diplomatic row: Bangladesh summons Indian envoy over Himanta Biswa Sarma remarks | Supreme Court grants Pawan Khera anticipatory bail in case over allegations against Himanta Biswa Sarma's wife | ‘Not necessary to humiliate me with arrest’: Pawan Khera to SC over remarks on Himanta Biswa Sarma’s wife | ‘Let’s not choose for people capable of choosing’: Supreme Court to Centre on teen pregnancy termination | I-PAC co-founder Vinesh Chandel gets bail after Bengal polls conclude | Exit Polls Give Bengal to BJP—But One Survey Begs to Differ

CIBIL data reveals 25% CAGR in retail credit

| | Mar 12, 2016, at 02:20 am
Mumbai, Mar 11 (IBNS): Credit Information Bureau (India) Limited (CIBIL), the country’s leading credit information company, has indicated a sustained growth in the retail credit sector.
The data was released during the Eighth Annual CIBIL TransUnion Credit Information Conference in Mumbai on Friday.
 
“The growth of Retail Loans at an average CAGR of 25% is largely contributed by the growth of Property Loans at 58%, Personal Loans at 31% and Auto Loans at 30%. Forward looking policies along with availability of credit information solutions has largely contributed to this propulsion in growth," said M V Nair, Chairman, CIBIL addressing the conference.
 
Speaking of CIBIL’s growth plans, Satish Pillai, Managing Director and CEO, CIBIL said, “We shall continue to create information solutions that help drive growth for businesses while fueling faster and cheaper access to credit and other services for consumers. We have accelerated our investments in content, insights, products and solutions across all sectors. We are working on developmental initiatives to partner in the national momentum of helping drive financial literacy, inclusion and protection.”
#CIBIL data # CAGR # retail credit

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm