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Nonbank mortgage market share declined but remained dominant in 2022.

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Nonbanks' market share declined in 2022, but they remain dominant players. Industry consolidation and higher interest rates contributed to the decrease. Depositories gained market share. Minority lending increased slightly, but disparities remain. The mortgage industry must promote inclusivity and fairness. Let's collaborate for lasting change.

IndusInd Bank and Wise Join Forces to Offer Low-cost Inward Remittance to India on Indus Fast Remit Platform

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IndusInd Bank has partnered with Wise to offer low-cost online inward remittance services to NRIs in the US and Singapore. Customers can access transfers directly and compare rates without mark-ups. Launch of Wise's service in India.

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Nonbank mortgage market share declined but remained dominant in 2022.

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Nonbanks' market share declined in 2022, but they remain dominant players. Industry consolidation and higher interest rates contributed to the decrease. Depositories gained market share. Minority lending increased slightly, but disparities remain. The mortgage industry must promote inclusivity and fairness. Let's collaborate for lasting change.

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