fintech platform to fund their expenses. Fintech was followed by regional rural banks (RRB) and non-banking financial companies (NBFC). The big private and public sector banks only reached shares of ten and nine percent, respectively.
In 2020, around 29 percent of new credit borrowers in India chose a Share of new credit borrowers in India in 2020, by lending type
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Inc42. (December 18, 2020). Share of new credit borrowers in India in 2020, by lending type [Graph]. In Statista. Retrieved March 29, 2024, from https://www.statista.com/statistics/1202499/india-share-of-new-credit-borrowers-by-lending-type/
Inc42. "Share of new credit borrowers in India in 2020, by lending type." Chart. December 18, 2020. Statista. Accessed March 29, 2024. https://www.statista.com/statistics/1202499/india-share-of-new-credit-borrowers-by-lending-type/
Inc42. (2020). Share of new credit borrowers in India in 2020, by lending type. Statista. Statista Inc.. Accessed: March 29, 2024. https://www.statista.com/statistics/1202499/india-share-of-new-credit-borrowers-by-lending-type/
Inc42. "Share of New Credit Borrowers in India in 2020, by Lending Type." Statista, Statista Inc., 18 Dec 2020, https://www.statista.com/statistics/1202499/india-share-of-new-credit-borrowers-by-lending-type/
Inc42, Share of new credit borrowers in India in 2020, by lending type Statista, https://www.statista.com/statistics/1202499/india-share-of-new-credit-borrowers-by-lending-type/ (last visited March 29, 2024)
Share of new credit borrowers in India in 2020, by lending type [Graph], Inc42, December 18, 2020. [Online]. Available: https://www.statista.com/statistics/1202499/india-share-of-new-credit-borrowers-by-lending-type/