Women borrowers in India have grown at a compounded growth rate of 22 per cent over the last 5 years with majority of them from semi-urban and rural areas, who are also actively monitoring their credit scores, a report said on Monday. The report titled 'From Borrowers to Builders: Women's Role in India's Financial Growth Story', released by NITI Aayog CEO B V R Subrahmanyam also showed bulk of their loan was for meeting consumption demand and comparatively less for businesses. The report has been published by TransUnion CIBIL, Women Entrepreneurship Platform (WEP) of NITI Aayog and MicroSave Consulting (MSC). "The number of women availing credit in India has increased at a compound annual growth rate (CAGR) of 22 per cent between CY 2019 and 2024. While consumption loans continue to be the preferred products held by women borrowers, the report's insights show that more women are also availing business loans," a statement said. As per the report, credit availment for financing ...