TransUnion CIBIL reports a two-year low in new loan originations, driven by decreased demand from younger consumers and a shrinking share of New-To-Credit individuals in the fiscal year ending March 2025. Credit enquiries from borrowers aged 30 and below have declined, alongside cautious lending practices. However, anticipated repo rate cuts may stimulate credit supply, particularly in the home loan segment.
Reddit stock plunges 30% as Google’s AI search threatens traffic and user growth
Reddit shares plunged 23% after the company warned that Google’s AI powered search features were hurting referral traffic and could lead to a decline in