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Bharat Ane Nenu (Telugu Movie)
Telugu Movie
Bharat Ane Nenu (English: I, Bharat) is a Telugu political thriller film directed by Koratala Siva, featuring Mahesh Babu and Kiara Advani in the lead roles. Bharat Ane Nenu is

Gultoo (Kannada Movie)
Kannada Movie
Gultoo is a Kannada murder-mystery written and directed by Janardhan Chikkanna. Naveen Shankar and Sonu Gowda feature in lead roles along with Rangayana Raghu, Avinash playing the

Amar Bansi | PMMM
Cultural
We are glad to announce a Flute oriented Instrumental concert "Amar Bansi" Watch teaser @ https://youtu.be/p5LOog01cKI Event Details: Date: 4th May 2018 Time: 6pm to

Vijayotsava ( A Vijay Prakash Multi-lingual Live Concert)
Regular Events
KAVERI TALKIES PRESENTS Vijay Prakash is a playback singer and film composer from Mysore, Karnataka. He has sung for almost all the leading music composers of our times. He is one

Shobana's Trance | Dancing Drums
Cultural
Ace Choreographer and Actor Shobana with 5 Dancers and Live Musicians....Seeking harmony through A pastiche of Sound, Vivid Imagery & Theatre. Synopsis: Trance -is a quest to

Two-wheelers' loan demand dropped after note ban: TransUnion CIBIL

New Delhi, Jan 11 (AZINS) Credit information company TransUnion CIBIL on Wednesday said that consumer loan demand for buying two-wheeler and consumer durables dropped significantly since the demonetisation announcement.

"In the week after the demonetisation announcement, TransUnion CIBIL saw a significant decrease in new credit demand, with the focus for both consumers and bankers being cash exchange and collections," said Amrita Mitra, Vice President - Financial Services Research and Consulting at TransUnion CIBIL.

"Two-wheeler and consumer durable loans, usually serviced by private banks and NBFCs (non-banking financial company), were most negatively impacted -- significantly in key geographies like Maharashtra, Gujarat, Andhra Pradesh and West Bengal."

The company's analysis on the impact of demonetisation on credit demand for the period of November-December comes a day after Society of Indian Automobile Manufacturers (SIAM) in its monthly data showed that two-wheelers segment's sales last month dwindled by 22.04 per cent to 910,235 units.

However, the company pointed out that demand for other consumer loan types, including credit cards and auto loans, crept up through December 2016, after a sharp decline immediately after the demonetisation announcement.

"Following unprecedented consumer credit growth over the past four years, including loans for vehicles and homes, credit cards and other unsecured credit products, the announcement on demonetisation created short-term disruption in the demand for consumer credit," the company's analysis report said.

"However, the impact has not been uniform across lenders, geographies or loan types; data as recent as December 2016 show a recovery across both the demand and supply side for retail loans."

The analysis disclosed that prior to November 8, credit demand was growing at an average 35 per cent on an annual basis across all loan products, with significant year-on-year growth in demand for consumer loans (up 71 per cent) and credit cards (up 41 per cent).

"This growth was seen broadly across the spectrum of lenders," the report said.

"These growth rates were broad-based across all geographies and were accompanied by historically low non-performing asset (NPA) rates as banks instituted strong, data-driven risk management practices."

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