BQPrime
•78% Informative
The Reserve Bank of India raised risk weights on unsecured personal loans, consumer durable loans and credit card dues.
The measures could have a direct impact on consumer sentiment as loans will get costlier.
This, in turn, could hurt the still-fragi this festive season ions to months ng machines.
The Consumer Electronics and Appliances Manufacturers Association has termed the move "unfair".
The Thursday ua the Reserve Bank of India hallenging for the consumer durable industry.
Weak consumer sentiment amid inflationary setting impacted sales of several product categories.
Unseasonal rains as well as competitive pricing further added to the woes.
Diwali brought so 125% heer to 100% facturers and retailers as demand for mid-to-premium appliances spiked. RBI Diwali 150% htText__NxlGi">April-June < 125% class="summaryFeed_highLightText__NxlGi">The first quarter of fiscal 2024 RBI RBI Marwah RBI India RBI _highLightText__NxlGi">Blaupunkt Kodak RBI n> Thomson Super Plastronics Pvt Arjun Bajaj yFeed_highLigh Videotex International ingh Marwah Lloyd, Realme n> Toshiba c Hyundai um BPL yFeed_ Daiwa ightText__Nxl 15 ">EMI Bajaj Friday EMIBajaj span class="summaryFeed_highLightText__NxlGi">Bajaj Finance Insta EMI Card two Bajaj Finance Ltd. RBI 15-20 India an> < 75,000 lass="summaryFeed_highLightText__NxlGi">Daikin India Credit htText__NxlGi">Kanwaljeet Jawa Daikin India's RBI< the festive season s= CEAMA aryFeed_hig Eric Braganza xlGi">Diwali early next year 20% ="summaryFeed_highL this quarter lGi">B Diwali a
VR Score
88
Informative language
93
Neutral language
76
Article tone
formal
Language
English
Language complexity
61
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links