From borrowers to builders: Women and India’s evolving credit market

Subscribe
FR
Light Dark

From borrowers to builders: Women and India’s evolving credit market

by MSC
Apr 8, 2026
1 min

This report examines the rise of women in India’s credit market and highlights trends in credit uptake, digital adoption, and enterprise financing. It shows how women progress across credit segments and drive broader economic growth, with their share reaching 26% of total credit in the system.

In this report, we examine women’s role in India’s formal credit ecosystem and trends in access, product diversification, digital adoption, and entrepreneurial behavior. The analysis traces women’s shift from microfinance to business lending and identifies opportunities to strengthen financial inclusion, improve digital engagement, and support enterprise growth. The report also examines women’s credit uptake, loan preferences, regional patterns, and self-monitoring behavior within a diverse customer segment.

This analysis is complemented by a second report, “From Borrowers to Builders, Women’s Role in India’s Financial Growth Story,” which focuses on women as a diverse customer segment. It provides a comprehensive view of women’s participation in the retail credit market and explores trends in credit uptake, loan preferences, regional variations, and self-monitoring. NITI Aayog first published this report on 8th April 2026.

The report’s findings were published by the PIB and covered by The Times of India in articles examining the rise of women in India’s credit market and the role of digital platforms in driving this growth.

Tune in as Sonal Jaitly discusses women’s evolving role in India’s financial ecosystem and why trust, usability, and relevance matter beyond just access.
Watch Senior Advisor at NITI Aayog, Anna Roy, reference MSC’s report findings in her DD News interview and their impact on the national conversation.