Tamil Nadu has the highest share of women borrowers at 44%, as per the report released by NITI Aayog.
The Southern States have higher shares of women borrowers with at least one live loan in their wallet – Tamil Nadu (44%), Andhra Pradesh (41%), Telangana (35%), Karnataka (34%).
Overall country level as of December 2024 was 31%.
Tamil Nadu has witnessed a 10% compounded annual growth rate in live women borrowers over the last five years.
Maharashtra’s share of women borrowers is 30%, while Rajasthan is at 26%, Madhya Pradesh is 25% and Uttar Pradesh is 23%.
In 2024, Maharashtra, Tamil Nadu, Karnataka, Uttar Pradesh and Telangana accounted for 49% of all self CIBIL information monitoring women.