In 2022, digital lending accounted for 15 percent of India’s total lending market. This marked an increase from the previous year, during which the share of digital channel was 12 percent. Since 2018, the adoption of digital channels for lending has been consistently on the rise.
Share of digital lending in total lending market in India from 2018 to 2022
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The Digital Fifth, & Chiratae Ventures. (February 3, 2024). Share of digital lending in total lending market in India from 2018 to 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1464000/india-share-of-digital-lending-in-total-lending-market/
The Digital Fifth, und Chiratae Ventures. "Share of digital lending in total lending market in India from 2018 to 2022." Chart. February 3, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1464000/india-share-of-digital-lending-in-total-lending-market/
The Digital Fifth, Chiratae Ventures. (2024). Share of digital lending in total lending market in India from 2018 to 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1464000/india-share-of-digital-lending-in-total-lending-market/
The Digital Fifth, and Chiratae Ventures. "Share of Digital Lending in Total Lending Market in India from 2018 to 2022." Statista, Statista Inc., 3 Feb 2024, https://www.statista.com/statistics/1464000/india-share-of-digital-lending-in-total-lending-market/
The Digital Fifth & Chiratae Ventures, Share of digital lending in total lending market in India from 2018 to 2022 Statista, https://www.statista.com/statistics/1464000/india-share-of-digital-lending-in-total-lending-market/ (last visited November 21, 2024)
Share of digital lending in total lending market in India from 2018 to 2022 [Graph], The Digital Fifth, & Chiratae Ventures, February 3, 2024. [Online]. Available: https://www.statista.com/statistics/1464000/india-share-of-digital-lending-in-total-lending-market/