More than 160 million Indians credit underserved: TransUnion CIBIL study
About 27% of underserved consumers said they do not have sufficient access to credit. This proportion was 58% for the unserved consumer segment. About 38% of underserved consumers and 65% of unserved consumers said they were not satisfied with the current amount of credit
More than 160 million consumers had insufficient access access to credit in India at the end of 2021, according to a new global TransUnion study – “Empowering Credit Inclusion: A Deeper Perspective on Credit Underserved and Unserved Consumers."