GST Rationalisation, Festive Demand Lift Retail Credit Growth in Q3 FY25: Report

GST Rationalisation, Festive Demand Lift Retail Credit Growth in Q3 FY25: Report

Get latest articles and stories on Business at LatestLY. The Credit Market Indicator (CMI), a composite measure of credit market health, rose to 99 in the September 2025 quarter from 98 in the preceding quarter, reflecting improved demand, supply conditions and stable asset quality. The uptick followed the GST rationalisation introduced in September 2025, commonly referred to as GST 2.0, which enhanced affordability across key consumer segments.…

GST cuts boosts retail loan demand but young borrowers nervous: Cibil

Mumbai, Dec 15 (PTI) The GST rate rationalisation has boosted demand for retail credit, but the younger cohort seems to be cautious on borrowings, a leading credit information company said on Monday. Delinquencies in micro-loans against property and the two-wheeler loan segment have risen during the three months ended September, TransUnion CIBIL said. "Retail demand has seen a boost post implementation of GST 2.0, particularly in the vehicles an…

Retail Credit Demand Buoyed by GST Rationalization and Festive Season Sentiment in Q3 2025 - Business News Week

Chandigarh, India Dec 15: The Goods and Services Tax (GST) rationalisation in September 2025, just before India’s festive season, seems to have helped boost the retail credit market. With improved affordability, retail borrowers sought more credit. As a result, the Credit Market Indicator (CMI)1 rose to 99 for July to September 2025, up from 98 […] The post Retail Credit Demand Buoyed by GST Rationalization and Festive Season Sentiment in Q3 202…