{"id":"f-80ae245e0c-817b449d-7ff2-55ef-9b86-0ab10396d8bb","title":"GST rationalisation boosts retail credit demand: TransUnion CIBIL","description":"","timestamp":1765800834,"category":"business","headline":"GST rationalisation boosts retail credit demand: TransUnion CIBIL","modifiedHeadline":"GST Changes Fuel Higher Retail Loan Demand","subCategories":["scid_edbc7f13"],"region":"IN","bundleMetaData":{"bundleId":"7b48871c-c993-4956-b43d-6f46f8e1b036","bundleTitle":"Today In India","cardData":null},"iabCategoryId":"84","fcSummary":"A TransUnion CIBIL report indicates that the GST rationalization in September boosted the retail credit market by improving affordability of goods. Increased retail loan demand signals renewed consumer confidence, particularly in vehicle and consumer durable segments.","summary":"GST rationalization fuels retail credit demand, says TransUnion CIBIL. Consumers benefit, boosting economic activity & market optimism.","ctaUrl":"https://trends.glance.com/newz/news/IN/en/news18/f-80ae245e0c-817b449d-7ff2-55ef-9b86-0ab10396d8bb","sourceUrl":"https://www.news18.com/agency-feeds/gst-rationalisation-boosts-retail-credit-demand-transunion-cibil-9771377.html","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/mzT_Jnvlz_E0.webp","content":"

New Delhi, Dec 15 (PTI) GST rationalisation in September has improved affordability of goods and helped boost the retail credit market, a TransUnion CIBIL report said on Monday.

It said increased retail

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loan demand signalled renewed consumer confidence and market optimism.

This improvement was particularly evident in segments such as vehicle finance (two-wheeler loans and auto loans) and consumer durables, which showed robust incremental year-over-year (YoY) growth during the pre-festive period (post-GST 2.0 implementation).

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Effective September 22, GST rates on about 375 items were slashed, making mass-consumption items, electronic items and cars cheaper.

“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,” the report said.

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“GST 2.0 was a much-needed step to stimulate economic growth, and its positive impact is evident in the improvement of consumer sentiment and the upward trend in credit demand… Lenders must engage with consumers at multiple touchpoints to ensure financial discipline and sustainability to support healthy growth of credit in India,” TransUnion CIBIL MD and CEO Bhavesh Jain said. PTI JD JD DR DR

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GST rationalisation boosts retail credit demand: TransUnion CIBIL

SUMMARY