CRIF High Mark Offers Information and Trends on Women's Financial Independence and Inclusion

News Desk, News Nation 360 : To commemorate International Women's Day 2025, CRIF High Mark has released trends and insights on women's financial independence and inclusion as of December 2024, which show a dramatic increase in women's presence in India's formal credit market, which is propelling their financial independence and empowering their personal and professional goals. Major points of information reveal that women borrowers' outstanding portfolio stood at ₹36.5 Lakh Crore as of December 2024, an increase from ₹30.9 Lakh Crore in December 2023, registering an 18% year-on-year growth rate, which is higher than the growth rate of male borrowers. The number of active loan women borrowers rose to 8.3 Crore in December 2024, registering a 10.8% growth on a year-on-year basis, while that of men grew at a 6.5% rate, reaching 20.3 Crore. Younger female borrowers (35 years and below) still lead originations volumes, though marginally down from 44.3% in CY 2022 to 43.8% in CY 2024, and public sector banks have taken the pole position as women's top lenders in CY 2024. CRIF High Mark presented a comprehensive report presenting these trends, giving a nuanced look into the loan segment of women borrowers and the changes seen over the last year, and conveyed a wish to study media opportunities to propagate these results further.