How phones on EMI are driving loan demand for two-wheelers
MUMBAI: Consumer durable loans, such as those for buying a mobile phone on EMI, are helping lenders build credit histories for younger borrowers, contributing to a decline in two-wheeler loan delinquencies to a seven-year low of 1.4% in June 2026 from 2.7% in June 2019, according to TransUnion Cibil.First-time borrowers accounted for 39% of two-wheeler…
