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India.com
3 days ago
- Business
- India.com
India's Credit Demand Remains Resilient, Total Aum Stands At Rs 121 Lakh Crore
New Delhi: India's credit demand remains resilient, backed by rapid digitalisation, growing consumer aspirations and robust financial infrastructure, a report said on Tuesday. As of March 2025, Industry Assets Under Management (AUM) stood at Rs 121 lakh crore, reflecting a 21 per cent year-on-year (YoY) increase and a 4 per cent quarter-on-quarter (QoQ) rise, Experian, a global data and technology company, said in its report. Fresh disbursals during the quarter reached Rs 16 lakh crore, up 10 per cent YoY and 8 per cent QoQ, largely driven by continued growth in gold loans, business loans, and loans against property (LAP), the report stated. 'India's credit ecosystem continues to evolve against the backdrop of digitalisation, changing consumer aspirations, and a robust financial infrastructure," said Manish Jain, Country Managing Director of Experian in India. Our latest Credit Insights underline the structural depth of this demand, especially in secured lending and small-ticket personal loans, pointing to both growing consumer confidence and responsible borrowing, he added. The secured lending landscape witnessed a surge, with loans accounting for 32 per cent of originations by count in Q4 FY25. According to the report, the segment also witnessed stable average ticket sizes at Rs. 1.7 lakh, indicating consistent borrower behaviour and healthy credit appetite. Unsecured lending remained strong, with the portfolio growing 9 per cent QoQ, led by a 22 per cent QoQ rise in the business loan portfolio. Personal loans continued to dominate the unsecured segment in both volume and value. Overall, both personal loans and gold loans are showing a shift towards higher ticket sizes, the report said. Credit card disbursals, however, showed a declining trend in Q4 FY25, with a 2 per cent QoQ reduction in the credit card sourcing, the report highlighted. Lender dynamics also shifted during the quarter. Public sector banks (PSBs) increased their share in home and gold loans, while non-banking financial companies (NBFCs) strengthened their presence in the LAP and used car loan segments, the report noted. NBFCs also expanded their footprint in unsecured lending, particularly in personal and consumer durable loans. 'As the landscape grows more complex, the need for timely, actionable insights becomes even more essential,' Manish added.
Hans India
3 days ago
- Business
- Hans India
India's credit demand remains resilient, total AUM stands at Rs 121 lakh crore
New Delhi: India's credit demand remains resilient, backed by rapid digitalisation, growing consumer aspirations and robust financial infrastructure, a report said on Tuesday. As of March 2025, Industry Assets Under Management (AUM) stood at Rs 121 lakh crore, reflecting a 21 per cent year-on-year (YoY) increase and a 4 per cent quarter-on-quarter (QoQ) rise, Experian, a global data and technology company, said in its report. Fresh disbursals during the quarter reached Rs 16 lakh crore, up 10 per cent YoY and 8 per cent QoQ, largely driven by continued growth in gold loans, business loans, and loans against property (LAP), the report stated. 'India's credit ecosystem continues to evolve against the backdrop of digitalisation, changing consumer aspirations, and a robust financial infrastructure," said Manish Jain, Country Managing Director of Experian in India. Our latest Credit Insights underline the structural depth of this demand, especially in secured lending and small-ticket personal loans, pointing to both growing consumer confidence and responsible borrowing, he added. The secured lending landscape witnessed a surge, with loans accounting for 32 per cent of originations by count in Q4 FY25. According to the report, the segment also witnessed stable average ticket sizes at Rs. 1.7 lakh, indicating consistent borrower behaviour and healthy credit appetite. Unsecured lending remained strong, with the portfolio growing 9 per cent QoQ, led by a 22 per cent QoQ rise in the business loan portfolio. Personal loans continued to dominate the unsecured segment in both volume and value. Overall, both personal loans and gold loans are showing a shift towards higher ticket sizes, the report said. Credit card disbursals, however, showed a declining trend in Q4 FY25, with a 2 per cent QoQ reduction in the credit card sourcing, the report highlighted. Lender dynamics also shifted during the quarter. Public sector banks (PSBs) increased their share in home and gold loans, while non-banking financial companies (NBFCs) strengthened their presence in the LAP and used car loan segments, the report noted. NBFCs also expanded their footprint in unsecured lending, particularly in personal and consumer durable loans. 'As the landscape grows more complex, the need for timely, actionable insights becomes even more essential,' Manish added.
Time of India
05-08-2025
- Business
- Time of India
Home sales in IT-dominant areas slow down amid uncertainties
Pune: The western and eastern zones of Pune, popular among tech professionals and dominated by the IT industry, recorded a decline in home sales amid global trade uncertainty and rising prices. Data from Credai Pune and CRE Matrix showed that the number of units sold in these zones dropped slightly to 15,845 in the first half of 2025, down from 16,372 units in the same period last year. "The current situation in the IT sector in terms of jobs is very critical. Besides, the onslaught of US tariffs is adding to the problems," Kharadi resident Snehal Singh said. The western zone stretches from Baner and Aundh to Hinjewadi and Wakad, while the eastern zone includes Yerawada, Vimannagar, Kalyaninagar and Kharadi. These areas account for roughly 40-60% of total housing sales in the city, real estate industry insiders said. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune "Hinjewadi, Kharadi and Pimpri Chinchwad drive over 75% of total sales in the city. Average home values in Pune are up 27% in three years. Premium housing demand continues to surge, with sales of Rs 1 crore homes more than doubling," Manish Jain, president, Credai Pune, said. The west zone's dominance in both supply and demand increased during the past few months, Knight Frank India said in a report. Localities like Baner, Hinjewadi and Bavdhan continued to anchor development activity, accounting for 43% of the city's launches and 40% of sales from Jan to June. East Pune maintained a steady 25% share of launches and 22% in sales. The overall impact on the home market was also on account of sticker price shock, Rohit Gera, MD, Gera Developments, said. "The average ticket prices of apartments in the city increased by 40% over the past five years, and the home size surged by 25%. It will help the sector if the home sizes are reduced a bit. Then it will induce a given homebuyer with a fixed budget to book a flat while maintaining the current prices, bringing back the demand," he said. Despite the dip in the number of units, sales grew in terms of value, indicating a demand for larger and costlier homes. Credai data showed that 2 BHKs in Baner, Balewadi, and Kharadi were costing upwards of Rs 1.2 crore, and 3 BHKs were costing above Rs 1.7 crore. "The IT areas are also following the overall trend seen in the city and also in other metros. Housing had a good run after the pandemic and there is consolidation in this year. The larger homes are costlier making it difficult to get something in a smaller budget," Poonam Korde of Wakad said. "Between Jan and March, west Pune saw a drop in sales, consistent with the broader trend, experienced decline in housing sales. This continued over the next three months, where sales in west and east Pune declined marginally," an Anarock report said.
Time of India
04-08-2025
- Business
- Time of India
Builders seek hassle-free access to M Sand after state govt finalises SOP for policy
1 2 Pune: Builders have urged state govt to ensure smooth access, availability, and transportation of manufactured sand (M Sand) after the standard operating procedure (SOP) for the M Sand policy was finalised last week. The move, announced by revenue minister Chandrashekhar Bawankule on July 29, aims to eliminate river sand mining across the state. While developers welcomed the policy, they said its success hinges on quick permissions, reliable supply chains, and improved infrastructure, especially in rural areas. "If M Sand is made easily accessible even in remote regions, reliance on river sand will naturally decline," a developer told TOI, choosing anonymity. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune Members of the Confederation of Real Estate Developers' Associations of India (Credai) told TOI that transporting M Sand continues to pose challenges due to traffic restrictions and logistical hurdles that need to be addressed after the SOP. They further recommended that the state maintain a verified list of approved manufacturers so that builders can source M Sand from nearby locations more efficiently. "Govt must ensure that M Sand is available across all regions, including rural belts. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like It's Genius for Learning Languages [See Why] Talkpal AI Undo A list of verified suppliers and simplified transport norms will reduce costs and delays," a Credai core committee member told TOI. The committee also suggested deploying mobile testing labs and training centres for contractors in remote areas to ensure quality and promote awareness. Credai Pune president Manish Jain said the construction sector is committed to using sustainable alternatives like M Sand — a type of fine aggregate produced by crushing hard rocks such as granite. "M Sand is a robust and eco-friendly substitute for river sand. Due to its controlled manufacturing process, it offers consistent grain size and quality, making it ideal for concrete and plastering," Jain said. Builder Kapil Gandhi noted that M Sand is produced using advanced technology in a controlled environment. "River sand hasn't been used in urban areas for decades. M Sand is sent to labs for testing, and each project receives a specific mix-design report based on raw material, water quality, and local conditions. Earlier issues with plaster quality were resolved through research and development. The final product is engineered to meet high standards," he explained. Bharat Agarwal, president of the National Real Estate Development Council (Naredco), supported the ban on river sand mining, citing the damage it causes to riverbeds and aquatic ecosystems. "M Sand is a sustainable and widely accepted alternative. We urge govt to grant more licenses for M Sand units, especially as real estate activity across Maharashtra is surging," he said. Agarwal also recommended simplifying royalty payments and expediting environmental clearances for mining. "Approvals should be routed through an automatic system to avoid bottlenecks," he said. According to a govt resolution (GR) issued by the revenue department in May this year, public and private land parcels suitable for M Sand units will be listed for auction on the 'Mahakhanij' portal, stated officials. Applicants must submit a registered undertaking, along with approvals such as the Pollution Control Board's 'Consent to Establish' and a no-objection certificate (NOC) from the local planning authority. Developers said the SOP is a strong policy initiative but called for swift on-ground execution, easier logistics, and region-wide availability to ensure a smooth transition from river sand to M Sand. HIGHLIGHTS OF THE M-SAND SOP > M Sand is manufactured by crushing hard stone into sand-sized particles > Existing quarry leaseholders can apply through the Mahakhanij portal for M Sand production > The first 50 projects in each district are eligible for concessions from the revenue and industries departments > Unit holders must apply separately for concessions and establish units within six months > 'Consent to Operate' from the Pollution Control Board is mandatory before production begins > A secondary transport permit is required for M Sand sale and transport > Deputy collector to serve as nodal officer for implementation
Mint
23-07-2025
- Business
- Mint
Q1 early birds: India Inc finds a silent saviour during demand slump
For Indian companies combating a persistent slump in demand, the June quarter offered some relief, when profits rose at the fastest pace in five quarters. The reason: A plunge in raw material costs, even as revenue growth remained muted. Aggregate revenue of 182 companies that have declared first quarter results so far showed a marginal improvement to rise 5.4% year-on-year (y-o-y), a Mint analysis showed. Net profits, however, zoomed 23%, as raw material costs fell 14% over the year, the steepest decline in eight quarters. Raw material costs were also 15% lower than in the March quarter, the sharpest sequential decline since Q1 FY22. This suggests Indian producers are benefiting from input cost deflation. India's wholesale price inflation index rose 0.4% in April-June, compared with 2.4% in the previous quarter. Benign crude oil and metal prices due to fears of a global demand slowdown and US-led tariff concerns have lowered production costs for corporations, said Simranjeet Singh Bhatia, senior research analyst at brokerage firm Almondz Global. 'Dumping of cheap chemicals from China has also been a key factor." For non-financial companies, cheaper raw materials boosted the Q1 FY26 profit margins to 13.8%, a level not seen since Q4 FY21. The analysis had 144 companies outside the banking, financial services and insurance (BFSI) sectors. It revealed a stark contrast: while annual topline growth hit a seven-quarter low of 0.85% in Q1, net profit surged 40%, marking its fastest growth in 12 quarters. The sequential difference is even more pronounced. Despite a 7% fall in revenue, profits rose 5% over Q4 FY25, aided by a decline in raw material expenses. Expressed as a percentage of net sales, input costs hit a multi-quarter low of 40.6%. This gave companies more financial flexibility in Q1 to absorb higher employee expenses, which rose to a 17-quarter high of almost 18% of net sales, the analysis showed. While employee costs are typically higher in the first quarter due to yearly appraisals, the increase in their share in total costs over the previous quarter (Q4 FY25) was the highest since the corresponding period in FY21. These numbers suggest corporate wage growth trends may improve in the June quarter. Whether the bump in corporate wages would be meaningful enough to provide a much-needed fillip to urban demand is still unclear, but it would definitely offer support to recent measures undertaken to boost consumers' disposable income, said Manish Jain, head of fund management at Centrum Broking. 'Recent policy measures like income tax breaks, interest rate cuts and liquidity injections should lead to demand revival by Q3 (FY26)," Jain said. 'However, we are expecting another two-three percentage point cut in earnings estimates for FY26, based on Q1 results so far." Experts now anticipate around 10% y-o-y earnings growth for the Nifty 50 companies in FY26 as they factor in at least another quarter of sluggish demand during the year. In such a scenario, 'benign raw material prices are likely to persist for the remainder of 2025 and continue to offer a tailwind to India Inc's profitability," said Harsh Gupta Madhusudan, manager of Ionic Wealth's PIPE fund. However, with the dollar downcycle on its way, Madhusudan expects commodity prices to rise from 2026 onwards. 'While the raw material tailwinds might not last beyond 2025, India Inc's net profit margin is yet to peak out as their operational and financial leverages have not been fully realised." That means Indian industry is still underutilising its capacity due to tepid demand and has no incentive to borrow either, even though its debt levels are historically low. While Nifty 500 universe's corporate profit-to-GDP ratio reached a 17-year high of 4.7% in FY25, according to Motilal Oswal Financial Services, experts believe that this has further room to grow once demand picks up meaningfully. The market expects mid-cap companies to outperform their large- and small-cap peers in Q1, in line with FY25 trend. However, Centrum Broking's Jain said the 'earnings lull for private banks, IT and auto companies should bottom out by Q2. Hence, the large cap Nifty 50 index should benefit soon as well." Analysts also expect the cement sector to outperform others in Q1 and the broader market to consolidate at the current levels, going by earnings announced so far. 'Current valuations are likely to hold for now," said Ionic Wealth's Madhusudhan. 'But a US-India trade deal, if it happens, and a likely interest rate cut in August (by the Reserve Bank of India) will definitely improve sentiment."
