Home / News

Business

  • 0

Quote by Mr. YS Chakravarti, MD & CEO, Shriram City

Quote by Mr. YS Chakravarti, MD & CEO, Shriram City

“We expect RBI to maintain status quo in the last monetary policy meet for the year 2021. With an increasing possibility however, of the reverse repo being hiked, even as uncertainty surrounding global markets and the Omicron variant persists.

 

The festival season has been a big boost for consumer, personal and SME loans, especially small ticket loans. Borrower sentiment is on the uptrend, and we are witnessing increased borrower appetite for two-wheeler loans. With strengthening of the economy, we are also seeing green shoots of recovery in the SME segment and expect loan demand to pick up going into 2022.

 

In an attempt to support economic recovery, the RBI and the government have been pushing to drive credit growth, aided also by lower rates on home and vehicle loans, and we believe this thrust will continue.”

Previous News

Technology News

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Gurugram, India – October 11, 2023: Samsung announced exciting offers

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

Bengaluru, October 10, 2023  IN-SPACe (Indian National Space Promotion and

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

New Delhi, October 3, India- Philips India announces an exciting co

Latest Business News

SANY India partners with J&K Bank to provide financial solutions to its customers

SANY India partners with J&K Bank to provide financial solutions to its customers

Mumbai, March 13, 2024SANY India, a leading manufacturer of construction equipment, has taken a

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Continuing its expansion plan in India, Radisson Hotel Group is excited to announce the signing of 150-room Radisson Blu Hotel, Ayodhya. A greenfie