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Tag: Equifax India
Individual Entrepreneurs’ Credit Grows 22%, Reaches 28% of Commercial Balances: Equifax India
September 17, 2026
According to Equifax’s Aspirational India – Business report, commercial borrowing by individual business owners grew at a 22% CAGR between FY23 and FY26, compared with 14% growth for traditional entity-level borrowing. Individual entrepreneurs now account for 28% of total commercial credit balances, putting them firmly at the centre of the country’s expanding formal credit ecosystem. […]
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