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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Share of digital lending
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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 July 27, 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 July 27, 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: July 27, 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 July 27, 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/