Financial independence – the dream of living comfortably without relying solely on a paycheck. In India, a country with a growing middle class and rising aspirations, achieving financial independence is a goal many share.
India's wealth creation setting is changing dramatically, primarily due to the country's strong economic growth - the strongest among major nations. This wealth accumulation boom is no longer limited to traditional business establishments.
Personal loans have been a significant financial tool for individuals in India, witnessing a 22% YoY growth. Despite this surge, the average loan ticket size has been on a declining trajectory since 2019.
