India Formal Credit Penetration: Formal retail credit access doubles over past decade

India Formal Credit Penetration: Formal retail credit access doubles over past decade

[ad_1] MUMBAI: India’s formal retail credit penetration more than doubled over the past decade, with the share of consumers who accessed credit at least once rising from 35% in March 2017 to 74% in March 2026, even as the credit-eligible population expanded from 79 crore to 89 crore.The expansion was accompanied by a sharp rise … Read more

India’s dementia prevalence could double in a decade – are we ready for it?

India’s dementia prevalence could double in a decade – are we ready for it?

[ad_1] Lakshmi (name changed), a school headmistress, was well-known for her warmth, boundless energy and legendary parties. A few years after retirement, she began to wane with mild signs of cognitive decline, which quickly deteriorated into dementia after the loss of her husband. Struggling with loneliness, the once vibrant woman was reduced to a hollow … Read more