Research Study

State Of Lending Technology In 2024

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The Indian Lending Industry is on the Brink of Revolution

With an unstoppable demand for credit among Indian consumers, the lending landscape is evolving at an unprecedented pace. The digital consumer lending market is projected to skyrocket at a staggering 22% CAGR, surpassing $720 Billion by 2030, constituting half of India’s digital lending market.

Discover the Blueprint for Success

Pennant commissioned an independent study, through The Digital Fifth, to understand the state of the lending technology adoption in India, tech ecosystem maturity and trends in the use of emerging technologies within the Lending industry. Through rigorous research, including in-depth interviews, surveys, and insights from industry leaders, the report captures the pulse of the lending technology adoption, innovation and the emerging trends shaping the future.

Get Ahead of the Curve

Gain exclusive access to strategic insights, uncovering the challenges and opportunities defining the lending landscape for Retail and MSME sectors. Our report provides invaluable guidance, offering a roadmap to transform your lending operations into digital powerhouses, ensuring you stay ahead in the competitive digital era.

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