190 Articles
India’s Next Business Borrower May Be a First-Generation Entrepreneur: Micr ...
With 40–55 million businesses still outside formal commercial credit, Equifax India finds the next lending opportunity increasingly concentrated among first-generation entrepreneurs, Tier-II/III businesses and digitally formalising enterprises whose GST, UPI and cash-flow footprints are changing how creditworthiness can be assessed Mumbai, 10th September: India's next commercial credit opportunity may not come from traditional corporate borrowers ...
September 10, 2026
India’s Next Credit Boom Won’t Be Built on the Traditional Borrower: 8 Cror ...
From Gen Z consumers taking their first credit in their early 20s to women-led micro-ventures and rural borrowers moving beyond farm credit, the  latest analysis from Equiax finds India’s retail credit market being reshaped by a younger, more digital and increasingly aspirational borrower Mumbai, 9th September: India’s retail credit market is entering a new phase, one where the defining borrower is no longer the traditionally salaried, urban custo ...
September 09, 2026
India's microfinance sector stabilises further, delinquencies fall to 2.1%; ...
Industry 30+ delinquency improves sharply to 2.1% as of May 2026, down from 6.3% a year ago Portfolio outstanding stands at Rs. 3,33,110 crore, down 9% YoY, as lenders continue calibrated growth Disbursement volumes fall 15% YoY even as disbursed value holds nearly flat at Rs. 2,55,890 crore NBFCs post the lowest delinquency among all lender categories; NBFC-MFIs drive half of all disbursements ...
June 30, 2026
Microfinance Sector Rebounds with Rs. 78,938 Crore Disbursements; Delinquen ...
Microfinance industry records 3% QoQ growth in portfolio outstanding after prolonged contraction  Industry-wide 30+ delinquency declines sharply from 6.64% to 2.35% YoY  NBFC-MFIs emerge as dominant growth drivers, accounting for nearly half of industry originations  Share of high-ticket loans above Rs. 75,000 rises significa ...
June 17, 2026
India’s Retail Credit Market AUM Surges 16% to ₹162 Lakh Crore; Gold Loans ...
India’s retail credit market records robust growth as gold loans power lending activity and asset quality strengthens across sectors. Gold loan originations jump 103% year-on-year as retail credit disbursements rise 40%; improving asset quality signals a healthier lending environment  Mumbai, 05 June 2026: India's retail credit market continued its strong growth trajectory in the quarter ending Marc ...
June 05, 2026
India’s Microfinance Sector Delinquencies Drops to 2.5% Amid Improving Cred ...
  Industry 30+ delinquency improves sharply from 6.4% to 2.5%, while disbursement value declines only 4% year-on-year Mumbai, 27 May 2026: India’s microfinance sector is showing clear signs of stabilisation and improving portfolio health, even as lenders continue to adopt a cautious approach toward fresh credit expansion, according to the latest Microfinance Insights Report - May 2026 re ...
May 27, 2026
India’s Microfinance Sector Shows Resilience Amid Credit Slowdown; Delinque ...
    Mumbai, 27th April 2026: The Indian microfinance sector is demonstrating strong underlying resilience despite a visible slowdown in credit disbursement, according to the latest Microfinance Insights Report (April 2026) released by Equifax. The industry’s total portfolio outstanding reached ₹3.38 lakh crore as of March 2026, registering a 5% quarter-on-quarter growth, even as annual disbursemen ...
April 27, 2026
Navin Chandani Named President of Equifax India & Emerging Markets
MUMBAI, April 23, 2026 — Navin Chandani has been appointed President of Equifax India & Emerging Markets. Mr. Chandani, a seasoned leader with over 25 years of experience in credit bureaus, data and analytics, digital payments, and digital trust will lead the next phase of growth and innovation across the region. Mr. Chandani will be responsible for continuing to lead the organization’s transition to the Equifax Cloud™, and further integ ...
April 23, 2026
How the new credit reporting cycle will rewire loans, EMIs and approvals
Date of Publication – 7th April 2026 When most people think about credit scores, they picture a credit card application. However, a quiet shift is underway in India’s financial plumbing. Prodded by the Reserve Bank of India’s push for higher-frequency reporting, lenders are set to shift to a weekly data reporting cycle by mid-year. This acceleration marks the definitive end of the traditional "credit lag," trans ...
April 07, 2026
Your credit report is about to change every week: What borrowers must know ...
Publication Date: 31st March 2026 For decades, the Indian borrower has operated on a strict monthly financial clock. However, the Indian credit ecosystem is currently undergoing a revolutionary acceleration. Mandated by the Reserve Bank of India (RBI), lenders will transition to weekly incremental data updates by mid-2026. This shift moves our ecosystem from delayed historical snapshots to near real-time financial profiling ...
March 31, 2026
India’s Microfinance sector sees continued stabilisation, delinquencies dec ...
Industry 30+ delinquency declines further to 2.8% as of February 2026  Portfolio stands at Rs. 3.29 lakh crore, showing gradual stabilisation   Disbursements contract 14% YoY, signalling calibrated lending  NBFCs and NBFC-MFIs continue to outperform on credit quality Mumbai, March 29, 2026: India’s microfinance sector is demonstrating signs of sustained stabilisation, with the industry’s 30+ days past due (DPD) delinquenc ...
March 30, 2026
From ₹25K to ₹75K+: India’s credit market sees steady transition toward hig ...
Loans above ₹75,000 now drive 38% of the disbursement value. Bihar retains leadership in industry exposure with a 16% market share, while all top 10 states report improved delinquency trends. Disbursements grew by 6% year-on-year in Q3FY26 to reach ₹63,348 crore with NBFC-MFIs capturing a 44% share. Mumbai, 16th March 2026: India’s microfinance sector is entering a phase of disciplined recalibration, marked by a s ...
March 16, 2026