Infibeam Avenues On Digital Lending Boom In India

The video discusses the rapid growth of digital lending in India, highlighting its potential to become a $350 billion market. It addresses the challenges faced by regulators like the RBI in managing this growth, particularly concerning data privacy and the need for a structured legal framework. The discussion also covers market consolidation, the increasing shift towards a cashless society, and the impact of government initiatives like the Jan Dhan Yojana in promoting digital transformation and financial inclusion.

What is the projected size of the digital lending market in India in the next two years?

• $150 billion

• $250 billion

• $350 billion

• $450 billion

What percentage of MSME credit in India is through informal sources?

• 20%

• 50%

• 30%

• 40%

What is one of the main concerns for regulators like the RBI regarding digital lending?

• Limited market potential

• Lack of interest from global players

• Data privacy issues

• High transaction fees

What is the growth rate of cash in the Indian market?

• 10%

• 12%

• 14%

• 16%

Which sector has seen significant growth due to the pandemic, as mentioned in the transcript?

• Agriculture

• Manufacturing

• Real estate

• Online education

How many bank accounts were opened under the Jan Dhan Yojana in less than two years?

• 150 million

• 250 million

• 350 million

• 450 million

What is the primary goal of the Aadhaar system introduced by the Indian government?

• To increase cash transactions

• To provide every Indian with a bank account

• To reduce digital payments

• To limit financial inclusion