India’s retail credit boom has a young face, with 18–35-year-olds driving 79% of originations

Business

  • Borrowers aged 18–35 accounted for 79% of India’s retail credit originations, showing young Indians are driving new borrowing.
  • The report highlights strong credit demand among younger borrowers across personal loans, consumer finance and other retail segments.
  • Young borrowers are increasingly turning to formal credit as digital lending and easier access to financial products expand.
  • The trend signals a shift in India’s retail credit market, with younger consumers becoming a key borrower base.

Source: outlookmoney.com

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