abhishreshthaa
Abhijeet S
The poor credit off take to the corporate, commercial and other business sector because of industrial slowdown.
Risky nature of lending to corporate, given in industry recession and uncertainty prevalent in the economy.
High disintermediation pressure, leading many highly rated corporates to tap the domestic and/or overseas markets directly for finance, rather than approaching the banks.
Relatively safe nature of some of the retail credit finance with lesser incidence of loan turning bad.
Rising disposable income, changing lifestyles/aspirations and willingness to spend for more luxuries of the higher middle class.
Better availability of loans, because of the consultancy lowering interest rates, as a result of the low interest regime followed by the regulating authorities, the housing loans interest rates hailed to almost 7.5 – 8% in last 5 years.
Increased government incentives in form of tax rebates etc. in the case of certain loans like housing loans.
Banks are aware with abundant reserve requirement by RBI, they are searching revenues for packing the surplus funds.
Risky nature of lending to corporate, given in industry recession and uncertainty prevalent in the economy.
High disintermediation pressure, leading many highly rated corporates to tap the domestic and/or overseas markets directly for finance, rather than approaching the banks.
Relatively safe nature of some of the retail credit finance with lesser incidence of loan turning bad.
Rising disposable income, changing lifestyles/aspirations and willingness to spend for more luxuries of the higher middle class.
Better availability of loans, because of the consultancy lowering interest rates, as a result of the low interest regime followed by the regulating authorities, the housing loans interest rates hailed to almost 7.5 – 8% in last 5 years.
Increased government incentives in form of tax rebates etc. in the case of certain loans like housing loans.
Banks are aware with abundant reserve requirement by RBI, they are searching revenues for packing the surplus funds.