Dive into India’s financial shift with HIB Survey 2023 by Home Credit! Gen Z and mid-sized cities reshape borrowing, focusing on tech (44% in 2023). Household borrowing dips 9%, while business loans surge 5% to 19%. Digital India thrives: 48% choose online shopping, 44% prefer online banking, and 51% foresee mobile app loan applications. Ambitious small-town borrowers lead the online lending surge. EMI cards (49%) remain popular. Concerns arise; 60% worry about data privacy. Stay savvy!
Rizing is a platform for the future, disseminating business and tech news and analysis, exploring the trends of the future and being the voice of what’s up, what’s new and what’s next. Because being future-ready is, always, a present!
Rizing is a platform for the future, disseminating business and tech news and analysis, exploring the trends of the future and being the voice of what’s up, what’s new and what’s next. Because being future-ready is, always, a present!
