Non-bank lenders are increasing their hold on the personal loan market. Data shows NBFCs’ share in new personal loans has risen significantly. This growth is driven by fintech companies. Meanwhile, banks’ share has decreased. The personal loan market is now over fifteen lakh crore rupees. NBFCs are more flexible, attracting borrowers banks might overlook.
Eicher Motors Q1 Results: Profit jumps 21% to Rs 1,462 crore
Eicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with its highest