UP seeing fast increase in new borrowers: Transunion Cibil

Overall loan originations of retail loans in Uttar Pradesh comprised just over a quarter (26%) that were provided to new-to-credit (NTC) consumers. Credit penetration in Uttar Pradesh is steadily increasing, reaching 13% in the quarter ending September 2022 from 11% during the same period in the previous year.

from Banking/Finance-Industry-Economic Times https://ift.tt/g0dxLtl