Market Research Report
Consumer Lending in India
|Published by||Euromonitor International||Product code||971590|
|Published||Content info||15 Pages
Delivery time: 1-2 business days
|Consumer Lending in India|
|Published: November 12, 2020||Content info: 15 Pages||
Due to the impact of COVID, both gross lending and outstanding balance are expected to witness a sharp dip in growth in 2020. During the lockdown months of April and May, sales of non-essential items were not allowed by the government, while non-essential stores were not allowed to open. This had a big impact on gross lending, with consumers not requiring finance for big ticket purchases during the period. Outstanding balance was slightly less impacted as the government offered a loan moratorium...
Euromonitor International's Consumer Lending in India report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Consumer Credit, Mortgages/Housing.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
List OF CONTENTS AND TABLES
COVID-19 impact on consumer lending
COVID-19 country impact
Interest rates drop for mortgages/housing as RBI cuts repo rate
Lenders offer COVID-19 personal loans with low interest rates
Consumers increasingly seek out alternative forms of financing
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
Government offers moratorium on loan repayments to support borrowers
Demand for consumer credit for big events, education and cars drops sharply due to prevailing uncertainty around COVID-19
Lenders look to festive season for a slight recovery
RECOVERY AND OPPORTUNITIES
Consumer credit set for swift recovery
Economic uncertainty casts a cloud over the prospects for consumer credit
Card lending set to dominate gross lending over the forecast period