Financial Inclusion
Latest news, explainers and analysis on Financial Inclusion. Tracking 3 stories on Arth Vani.
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Latest on Financial Inclusion
BreakingIndia's Credit Growth Surges: 74% Indians to Seek Loans by 2026, Led by Women & Non-Metro Areas
India is experiencing a remarkable expansion in its credit market, with the percentage of eligible citizens opting for loans projected to reach 74% by 2026, a significant leap from 34% in 2017. This robust growth is primarily driven by increasing financial participation from women, younger borrowers, and consumers residing in non-metro regions across the country, indicating a profound shift in financial inclusion.
BreakingUPI Transactions Soar to Record ₹29.9 Lakh Crore in July
India's popular Unified Payments Interface (UPI) recorded a new high in July, processing transactions worth a staggering ₹29.9 lakh crore. This monumental figure was achieved across 23.66 billion transactions, marking a significant 19% increase in value compared to last year.
Suzuki's Next Bharat Ventures Launches ₹2,000 Crore Fund for Rural Startups
Suzuki Motor Corporation's subsidiary, Next Bharat Ventures, has unveiled a ₹2,000 crore impact fund. This fund aims to support early-stage Indian startups focused on improving lives and economies in rural and underserved communities, particularly in agriculture and financial inclusion.
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