Thursday, November 8, 2018

Consumer durable financing grows at 32 percent

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According to Crisil consumer durable financing has grown at a staggering pace of 32 per cent compound annual growth rate over the last six to seven years. 

There has been a sharp increase in durable finance penetration to 29 per cent in FY18 from 13 per cent in FY 12, says the report.

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