From breaking glass ceilings, borrowing loans to monitoring & maintaining credit health-women prove their mettle

With yet another Women's Day fast approaching, it's time to consider some women-related statistics and figure out if these numbers reflect any interesting trend, when it comes to women empowerment.

- RITWIK MUKHERJEE

The number of women availing credit in India has increased at a compound annual growth rate (CAGR) of 22 per cent between CY 2019 and 2024. While consumption loans continue to be the preferred products held by women borrowers, the report's insights show that more women are also availing business loans, going by a recent study by TransUnion CIBIL, Women Entrepreneurship Platform's (WEP) of Niti Aayog and MicroSave Consulting (MSC).