India’s Retail Credit Revolution: Access Doubles in a Decade, Driven by Consumption and Demographic Shifts
No Comments on India’s Retail Credit Revolution: Access Doubles in a Decade, Driven by Consumption and Demographic Shifts
July 31, 2026
India has witnessed a remarkable surge in formal retail credit access over the last decade, more than doubling its reach. This growth is fueled by consumption-led lending, primarily personal loans, and extends to younger borrowers and women nationwide,…