Rise in household debt because number of borrowers rose: RBI

India’s household debt is increasing, driven primarily by rising borrower numbers rather than higher average indebtedness. The Reserve Bank of India highlights this growth is particularly among subprime borrowers using loans for consumption and super-prime borrowers leveraging debt for asset…

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HUL takes direct-to-Kiranas distribution route

Hindustan Unilever is streamlining its distribution process by directly supplying products to kirana stores in Mumbai, with the aim to reduce supply time to under 24 hours. Distributors will manage orders and payments, while HUL handles logistics. The initiative will…

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