Cibil warns of defaults spreading from unsecured to secured loans

Cibil warns of defaults spreading from unsecured to secured loans

[Deccan Chronicle] - 01/27/2025

Mumbai: Credit information bureau TransUnion CIBIL on Monday warned that the trend of rising defaults in consumption-led loans such as credit cards, personal loans, and consumer durable loans could spread to secured loans (loans with collaterals such as home loans, loan against property, vehicle (…)



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