Tag: retail

‘Retail loan demand moving to smaller cities’

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COVID-19 has impacted borrower behaviour pattern with a majority of borrowing shifting out of tier-I cities, demanding smaller ticket loans and millenials accounting for a bulk of retail loan demand according to a joint report by credit bureau Transunion Cibil and Google. The report also underscores the increasing use of technology platforms to borrow in…

Retail charge: HSBC banks on NRI, wealth management

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SynopsisIndia CEO Surendra Rosha said the bank will enhance its product capabilities and invest in digitisation of its retail offering as it seeks a turnaround in the business.Hong Kong and Shanghai Banking Corp Ltd (HSBC), Europe’s largest lender with close to $3 trillion in assets, plans to step up on its retail business in India…

Future Retail to raise up to $500 million through dollar bonds

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Mumbai: Kishore Biyani’s Future Retail Ltd on Saturday said that its board has approved a fundraising plan to raise up to $500 million through dollar denominated bonds, the company said in a filing with stock exchanges.”Further to the decision taken in the Board meeting held on 12th October, 2019, the Board has reconsidered the various…

From retail to robotics, Jeff Bezos is betting big on technology

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Amazon Inc, the world’s largest online retailer, is being known these days as more of a technology company, and rightly so. Technology is at the core of whatever Amazon does — from algorithms that forecast demand and place orders from brands, and robots that sort and pack items in warehouses to drones that will soon…