ENT IA Component NO 2 - March 2021
ENT IA Component NO 2 - March 2021
Setting the Context: Digital Lending in India has come a long way from being limited to
account aggregation and B2B loans. The Indian consumer is fast becoming the low hanging fruit
for many of India’s lending tech startups. India’s digital lending wave is fueled by massive
demand from the consumer side as income growth has been weak in the past year. The growing
role of credit is best indicated by the fact that on average 5.6 Mn credit cards are being issued
annually.
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