Mumbai: India's retail lending sector is entering a multi-decade growth cycle, supported by digital underwriting, financial inclusion, rising household incomes and expansion of secured credit segments, according to a report released by Anand Rathi Advisors Limited (ARAL).
The report, analyses the evolving landscape of housing finance, vehicle finance, gold loans and unsecured lending, highlighting the growing role of technology, data-driven underwriting and digital distribution in reshaping the credit ecosystem.
