The credit growth in India is experiencing a steady demand. One of the reasons for this positive economic growth indicator phenomenon is digitalization. LendingTech is the fastest-growing segment in FinTech. It accounts for almost 60% of the FinTech market with a market size of 270 billion USD in the year 2022. It is projected to […]
Credit growth remains strong despite rate hike Credit demand in India will keep growing steadily, despite rising interest rates as the country’s economy recovers from the COVID-19 pandemic. The credit growth has been upward since the latter half of FY22 and has been in double digits since April 2022, despite a 190-basic point hike in […]
