Personal Loans
Latest news, explainers and analysis on Personal Loans. Tracking 3 stories on Arth Vani.
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Latest on Personal Loans
BreakingIndia's Credit Growth Surges: 74% Indians to Seek Loans by 2026, Led by Women & Non-Metro Areas
India is experiencing a remarkable expansion in its credit market, with the percentage of eligible citizens opting for loans projected to reach 74% by 2026, a significant leap from 34% in 2017. This robust growth is primarily driven by increasing financial participation from women, younger borrowers, and consumers residing in non-metro regions across the country, indicating a profound shift in financial inclusion.
BreakingSmall Personal Loans Overtake Credit Cards in India's Unsecured Lending Market
A new report from TransUnion CIBIL reveals that Indian consumers are shifting away from credit cards in favor of small-ticket personal loans. This trend highlights a significant change in how retail borrowers access consumption-linked credit for their daily needs.
BreakingSmall Personal Loans Overtake Credit Cards in India's Lending Market
A new report from TransUnion CIBIL reveals that Indian consumers are shifting away from credit cards in favor of small-ticket personal loans. This trend highlights a significant change in how retail borrowers access unsecured credit for their consumption needs.
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