Bharat Express

CREDIT DEMAND

Women seeking credit have tripled between 2019 and 2024, with 60% of female borrowers coming from semi-urban or rural areas, according to a report by Niti Aayog, TransUnion CIBIL, and MicroSave Consulting.

FM Nirmala Sitharaman has called on public sector banks to enhance their deposit growth rates to keep pace with rapid expansion in credit.

According to the RBI survey, growth is anticipated in the businesses and credit demand