·
India Online Loans Market is expected to reach
INR 9 billion in terms of revenue by 2019.
·
Future growth of India online loans industry
is expected to be led by increasing internet penetration, rising living
standards and personal disposable income of the Indian population.
Ken Research announced its latest publication
on “India Online Loans Market Outlook to
FY’2019- “Industry Transformation by the Advent of Web Aggregators” which
provides a comprehensive analysis of online loans in India and covers various
aspects such as market size of India online loans market by loans disbursed,
loans outstanding and revenue generated. Additionally, market segmentation on
the basis of types of loans and major cities has also been covered. The report
is useful for Banks, Web Aggregators and Financial Entities conducting operations
in the financial sector of India.
 |
| India Online Loans Market |
The online
loans industry is one of the most dynamic industries and plays an important
role in the financial sector of India. The growth is majorly originated from
increasing internet penetration and rising disposable incomes. The growth in
this segment has been largely led by the domestic factors such as increasing number
of banks offering online loans and advent of web aggregators.
The online loans
market in India comprises large players such HDFC bank, ICICI bank, Axis Bank,
SBI and Kotak Mahindra bank among others. India online loans market has grown at a CAGR
of ~% in terms of revenue generated from FY’2010-FY’2014. According to the
research report, the Indian online loans market will grow at a considerable
CAGR of ~% thus inclining to INR 9.0 billion by FY’2019, due to increasing
awareness about the uses of internet and increasing internet penetration.
“Surge in the investment activity, technological advancements and
rising personal disposable income will further support the online loan sector.
Additionally, safety concerns with respect to using internet for transactions
and glitches in the online channel act as hindrances in the Indian online loans
market”, according to the Research Associate, Ken Research.
Key Topics Covered in the Report:
India Online Loans Market
-
Market
Size by Loans Outstanding, Loans Disbursed and Revenue.
-
Market
Segmentation by
o
Types
of Loans
o
Major
Cities (Delhi/NCR, Mumbai, Bangalore, Pune and Others)
-
Trends
and Developments
-
Major
Opportunities
-
Major
Challenges
-
Competition
and Market Share
-
Future
Outlook and Projections
-
Macro
Economic Parameters
Key Loan Segments Mentioned in the
Report
Online Personal Loans
Online Home
Loans
Online Auto
Loans
Online Education
Loans
Online Gold
Loans
Companies Covered in the Report
HDFC Bank
ICICI Bank
State Bank of
India
Kotak Mahindra
Axis Bank
IDBI Bank
Punjab National
Bank
Policy bazaar
Bank Bazaar
Apnapaisa
Rupeetalk
Related Reports:
Source: https://www.kenresearch.com/banking-financial-service-insurance/financial-services/india-online-loan-market-research-report/622-93.html
Contact:
Ken Research
Ankur Gupta,
Head Marketing & Communications
query@kenresearch.com
+91-11-47017199
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