CIBIL

At the TransUnion CIBIL Credit Conference 2026, Mr. Gopal Murli Bhagat, Deputy Chief Executive, Indian Banks’ Association; Mr. Vivek Tripathi, Executive Director, AU Small Finance Bank, with Mr. Bhavesh Jain, MD & CEO, TransUnion CIBIL, unveiled Unlocking Access: Ten Years of Credit Expansion in India Report.

The report captures India’s credit journey across a decade of expansion, showing how the ecosystem is becoming wider, more inclusive, and more mature. It examines borrower behavior, product preferences, credit access, and the progression of borrowers across formal credit

Key highlights from the report:

- Credit-active share of credit-eligible consumers: 11% in March 2017 to ~28% in March 2026

- Women’s share of credit-active consumers: 22% in March 2017 to 30% in March 2026

Read more: https://transu.co/6188BD4dUn

At the TransUnion CIBIL Credit Conference 2026, the Coffee Table Book was unveiled by Mr. V. Anantharaman (Chairman, TransUnion CIBIL), Mr. M. V. Nair (Chairman, TransUnion INDAS), Mr. Sanjay Prasad (Board Member), Mr. N. S. Kannan (Board Member), Ms. Ketki Bhagwati (Board Member), and Mr. Bhavesh Jain (MD & CEO, TransUnion CIBIL) capturing the journey of India’s credit evolution and the role TransUnion CIBIL has played in shaping it.
From a fragmented lending environment to a data-driven, trust-based credit ecosystem, the book reflects how TransUnion CIBIL’s centralized credit infrastructure, the introduction of the CIBIL Score, and continuous innovation in credit intelligence have helped strengthen access, assessment, and confidence across India’s credit ecosystem.

Delivering the keynote address at the TransUnion CIBIL Credit Conference 2026, Mr. Bhavesh Jain, MD & CEO, TransUnion CIBIL, brought focus to the decade that has redefined India’s credit journey; a decade shaped by digital enablement, data-led decisions, wider credit access, and stronger credit discipline.

As India moves closer to the vision of Viksit Bharat, he highlighted how the foundations of a more mature credit ecosystem have already been laid, one that is more accessible, inclusive, and resilient than ever before.

The message was clear: the next phase of growth will not just be about expanding credit, but about deepening trust, broadening inclusion, and building a stronger financial future for every Indian.

Setting the tone for the TransUnion CIBIL Credit Conference 2026, Mr. V. Anantharaman, Chairman, TransUnion CIBIL reflected on the progress India has made in credit pe*******on, while emphasising the opportunities that still lie ahead.

From the resilience of the financial services sector to the need for a stronger focus on new-to-credit consumers and MSMEs, the opening address laid the foundation for a day centred around one key question: How do we make credit access more inclusive, efficient, and impactful?