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Loans to women grow at 19% in 2023; personal loans jump fastest: Report

By Economic Times - 7 months ago
Loans availed by women in India grew 19% in 2023, outpacing the overall loan growth of 17%. Personal loans and two-wheeler loans portfolios saw the fastest growth at 26%. The overall portfolio to women stood at Rs 30.95 lakh crore in 2023, up from Rs 26 lakh crore at the end of 2022. The growth in women borrowers by active loans was the fastest in the personal loan segment at 52%.

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