New Delhi, April 8 -- Women borrowers in India now hold a credit portfolio of Rs 76 lakh crore or nearly 26 per cent of the total system credit, a NITI Aayog report has said.
The report highlighted that women's credit exposure has expanded 4.8 times since 2017, reflecting a shift from basic access to deeper participation in the formal credit ecosystem.
The report titled From Borrowers to Builders: Women and Indias Evolving Credit Market has been prepared in collaboration with TransUnion CIBIL and MicroSave Consulting (MSC).
Speaking at the launch of the report, NITI Aayog CEO Nidhi Chhibber said, Economic development advances when participation in markets becomes broader, deeper and more efficient. The convergence of DPI and formal c...