In 2022, non-banking financial companies in India dominated the retail loans market in terms of the number of loans, with ** percent market share. Private sector banks followed with around ** percent. Retail loans are loans given to individual consumers for various reasons such as purchase of property, vehicles, consumer durables, funding education etc.
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Equifax, & Andromeda. (April 21, 2023). Market share of retail lenders in India in 2022, by number of loans [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/1344163/india-retail-lenders-market-share-by-number-of-loans/
Equifax, und Andromeda. "Market share of retail lenders in India in 2022, by number of loans." Chart. April 21, 2023. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/1344163/india-retail-lenders-market-share-by-number-of-loans/
Equifax, Andromeda. (2023). Market share of retail lenders in India in 2022, by number of loans. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/1344163/india-retail-lenders-market-share-by-number-of-loans/
Equifax, and Andromeda. "Market Share of Retail Lenders in India in 2022, by Number of Loans." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 21 Apr 2023, /statistics/1344163/india-retail-lenders-market-share-by-number-of-loans/
Equifax & Andromeda, Market share of retail lenders in India in 2022, by number of loans ÌÇÐÄÆÆ½â°æ, /statistics/1344163/india-retail-lenders-market-share-by-number-of-loans/ (last visited August 05, 2026)
Market share of retail lenders in India in 2022, by number of loans [Graph], Equifax, & Andromeda, April 21, 2023. [Online]. Available: /statistics/1344163/india-retail-lenders-market-share-by-number-of-loans/