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Festive Sales Fail to Boost Consumer Durable Lending Market

Festive Sales Fail to Boost Consumer Durable Lending Market
Despite a massive festive sale blitz during October, the consumer durable lending market saw a lackluster performance. Financial institutions noted that the aggressive discounts failed to translate into a corresponding surge in installment-based purchases of appliances and electronics. This tepid growth suggests ongoing consumer caution regarding discretionary spending and high-value loan commitments.

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