International Women’s Day Data Points
1.
Percentage share of male and female borrowers across various loan
categories (as of Dec 2020)
|
Snapshot as of Dec 2020 |
Personal Loan |
Auto Loan |
Home Loan |
|
Size of Market |
Rs 5.95L Cr |
Rs. 4.58L Cr |
Rs 20.6L Cr |
|
Female |
16% |
16% |
29% |
|
Male |
84% |
84% |
71% |
Observations:
·
Indian women are availing more credit
in the form of home loans as compared to personal and auto loans.
· The share of Indian women availing PL and AL compared to men has increased by 1% over the last one year.
2.
Active loan to women borrowers over the last 1 year
|
Active loans (in thousands) |
Personal Loan |
Auto Loan |
Home Loan |
|
As of Dec 2020 |
6,482 |
1,818 |
4,354 |
|
As of Dec 2019 |
5,279 |
1,902 |
4,159 |
Observations:
·
Active personal loans to women borrowers have spiked by 23% Y-o-Y
as of Dec 2020, while that for home loans have increased Y-o-Y by 5%.
· Active auto loans to women borrowers have reduced by 4% over the previous year, as of Dec 2020
3.
Average Ticket Size Loans across various loan categories (Dec 2019
vs Dec 2020)
|
|
Personal Loan (L) |
Auto Loan |
Housing Loan |
|||
|
|
Dec 2019 |
Dec 2020 |
Dec 2019 |
Dec 2020 |
Dec 2019 |
Dec 2020 |
|
Female |
1.68 |
1.59 |
4.79 |
4.90 |
16.38 |
16.69 |
|
Male |
1.79 |
1.61 |
4.46 |
4.55 |
14.45 |
14.71 |
Observations:
·
The average ticket size of personal
loans borrowed by men and women has reduced by 10% and 5% respectively over the
past 1 year.
·
Average size of loan borrowed by women
continues to be smaller than that borrowed by men.
·
The average auto loan size borrowed by
women is 8% higher than that borrowed by men.
·
Average ticket size of both has seen
an increase of 2% over the previous year.
· Size of home loans borrowed by women is 13% higher than those borrowed by men, both having seen a growth of 2% over the last year.
4. States with the most amount of Female Portfolio Outstanding (as of Dec 2020)
|
Personal
Loans |
Portfolio
O/s Dec 2019 |
Portfolio
O/s Dec 2020 |
Auto
Loans |
Portfolio
O/s Dec 2019 |
Portfolio
O/s Dec 2020 |
Housing
Loans |
Portfolio
O/s Dec 2019 |
Portfolio
O/s Dec 2020 |
|
Tamil Nadu |
10,908 |
12,993 |
Maharashtra |
7,681 |
7,308 |
Maharashtra |
1,31,591 |
1,37,845 |
|
Maharashtra |
10,259 |
11,602 |
Karnataka |
7,076 |
6,906 |
Karnataka |
60,731 |
65,012 |
|
Karnataka |
7,691 |
8,869 |
Tamil Nadu |
6,927 |
6,407 |
Tamil Nadu |
61,215 |
65,005 |
|
Telangana |
6,008 |
7,173 |
Telangana |
6,113 |
6,140 |
Gujarat |
43,470 |
46,531 |
|
Andhra Pradesh |
5,332 |
6,893 |
Uttar Pradesh |
5,333 |
5,277 |
Telangana |
40,464 |
43,754 |
|
Top 5 states |
40,198 |
47,530 |
|
33,130 |
32,038 |
|
3,37,471 |
3,58,147 |
·
Women borrowers from southern states have
higher credit book size as compared to western and northern states
·
The share of top 5 states in the
Personal loan portfolio outstanding for women has increased by 18% over the
previous year, while that for auto loans has reduced by 3% and increased by 6%
for home loans as of Dec 2020.
·
Book size of home loans availed by
women in Karnataka has surpassed that of Tamil Nadu in a span of 1 year.
·
The top 5 states with largest personal
loans portfolio outstanding for male borrowers are Maharashtra, Tamil Nadu,
Karnataka, Uttar Pradesh and Telangana as of Dec 2020.
·
For Auto loans, top 5 states with
largest portfolio outstanding for male borrowers are Maharashtra, Uttar
Pradesh, Gujarat, Karnataka, Tamil Nadu.
· For HL, top 5 states with largest portfolio outstanding for male borrowers are the same as that for female borrowers
5.
Loans disbursed during the Pandemic (Q1, Q2, Q3 FY 2020-21)
|
Product |
FY 2020-2021 Q1 |
FY 2020-2021 Q2 |
FY 2020-2021 Q3 |
Grand Total |
|
|
Auto Loan
(Personal) |
Total amount
disbursed (Cr) |
12,622 |
37,488 |
56,053 |
1,06,163 |
|
Total loans
disbursed |
2,31,500 |
6,18,552 |
9,84,336 |
18,34,388 |
|
|
Housing Loan |
Total amount
disbursed (Cr) |
42,194 |
1,25,925 |
1,61,465 |
3,29,585 |
|
Total loans
disbursed |
2,71,854 |
5,92,713 |
6,68,474 |
15,33,041 |
|
|
Personal Loan |
Total amount
disbursed (Cr) |
37,720 |
85,140 |
1,11,572 |
2,34,433 |
|
Total loans
disbursed |
24,07,085 |
53,74,568 |
76,92,677 |
1,54,74,330 |
|
|
Grand Total |
Total amount
disbursed (Cr) |
92,536 |
2,48,553 |
3,29,091 |
6,70,180 |
|
Total loans
disbursed |
29,10,439 |
65,85,833 |
93,45,487 |
1,88,41,759 |
Observations:
·
A total of 1.8 crore loans - split into 18L auto loans, 15L home loans
and 1.5Cr Personal loans - 3 of the largely availed loans by women borrowers -
were given out in the first 3 quarters of FY 2020-21.
· This stood nearly 40% lower than the volume of loans disbursed in the first 3 quarters of FY 2019-20, which were at 2.97 crore
6.
Loans given to women borrowers during the Pandemic (Q1, Q2, Q3 FY
2020-21)
|
Product |
|
FY 2019-2020 Q3 |
FY 2020-2021 Q1 |
FY 2020-2021 Q2 |
FY 2020-2021 Q3 |
|
Auto Loan (Personal) |
Female share in total disbursed
amount |
16.6% |
17.7% |
17.1% |
16.6% |
|
Female share in total loans
disbursed |
15.0% |
16.0% |
15.9% |
15.1% |
|
|
Housing Loan |
Female share in total disbursed
amount |
28.4% |
31.7% |
32.9% |
33.0% |
|
Female share in total loans
disbursed |
28.4% |
31.0% |
32.5% |
32.2% |
|
|
Personal Loan |
Female share in total disbursed
amount |
16.2% |
16.5% |
17.9% |
17.0% |
|
Female share in total loans
disbursed |
13.7% |
14.7% |
15.2% |
14.7% |
Observations:
· The share of women across the major loan types has not seen a significant difference in the volume of loans disbursed in the 3 quarters of FY 2020-21 under the pandemic, although the share across all products has increased over pre-pandemic Q3 FY 2019-20.
7. Share of financiers disbursing loans
|
Women Borrowers |
Financier Type |
FY 2019-2020 Q3 |
FY 2020-2021 Q1 |
FY 2020-2021 Q2 |
FY 2020-2021 Q3 |
|
% share in total disbursed amount |
FOREIGN BANKS |
0.84% |
0.4% |
0.9% |
0.9% |
|
NBFCs |
30.08% |
30.67% |
32.02% |
34.29% |
|
|
OTHERS |
2.88% |
2.98% |
2.34% |
2.23% |
|
|
PRIVATE BANKS |
25.58% |
15.54% |
22.52% |
23.99% |
|
|
PSU BANKS |
40.63% |
50.38% |
42.21% |
38.64% |
|
|
% share in total loans disbursed |
FOREIGN BANKS |
0.22% |
0.20% |
0.25% |
0.18% |
|
NBFCs |
62.47% |
37.61% |
43.07% |
48.11% |
|
|
OTHERS |
2.22% |
2.83% |
2.61% |
2.66% |
|
|
PRIVATE BANKS |
17.65% |
9.92% |
14.65% |
15.68% |
|
|
PSU BANKS |
17.45% |
49.43% |
39.42% |
33.37% |
·
In terms of the amount (value) of loans disbursed to women borrowers,
Public Sector banks have had the largest share observed over the past 4
quarters, followed by NBFCs and Private Banks.
· By volume of loans, NBFCs had the largest share at 62.4% in the pre pandemic Q3 FY 2019-20. Their share has reduced to 48.1% in Q3 FY 2020-21, while that of Public sector banks has increased from 17.4% to 33% in the same period.
8.
Distribution of Loans to Women Borrowers by age group in the last
three years
|
Female Borrowers |
CY 2018 |
CY 2019 |
CY 2020 |
|
Age |
% Total Loans Disbursed |
% Total Loans Disbursed |
% Total Loans Disbursed |
|
<=21 |
1.33% |
1.26% |
0.49% |
|
22-25 |
5.78% |
10.55% |
10.47% |
|
26-35 |
35.51% |
41.10% |
40.49% |
|
36-50 |
38.85% |
34.86% |
34.75% |
|
51-60 |
12.54% |
8.74% |
9.49% |
|
>60 |
5.99% |
3.48% |
4.32% |
Observations:
·
Maximum loans are given to women in the age group 26-35 having a share
of 40% in the overall disbursements in the year 2020.
·
The share of loans availed by women borrowers in the age group 36-50 stands
at 35%
· The share of loans availed by younger women borrowers has become 2X to 10% in a span of two years.
9.
New to Credit Borrowers
|
Retail Borrower Base |
Dec 2018 |
Dec 2019 |
Dec 2020 |
|
Total Active Borrowers |
21.25 Cr |
24.54 Cr |
26.93 Cr |
|
Overall NTC |
13% |
12% |
9% |
|
Female Borrowers |
4.86 Cr |
5.63 Cr |
6.26 Cr |
|
Female NTC |
16% |
15% |
12% |
|
Male NTC |
12% |
11% |
9% |
Observations:
·
26.93 Cr credit active borrowers have a retail credit footprint in the
country.
·
6.26 Cr women borrowers have a retail credit footprint, 23% of the
overall borrower base.
· 12% of the 6.26 Cr women borrowers are First time borrowers, 3% higher than first time borrowers who are men.
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