Business
Women In Credit: Share of women in credit rising boosted by digital platforms – The Times of India
MUMBAI: Women borrowers now account for Rs 76 lakh crore of credit, or 26% of total system credit in 2025, marking a near five-fold rise since 2017 and signalling a structural shift in India’s credit landscape.A joint report by TransUnion CIBIL, Niti Aayog’s WEP, and MicroSave Consulting said women are moving from being passive beneficiaries to active drivers of credit demand. The number of women availing formal credit grew at a CAGR of 9% between 2017 and 2025. Outstanding credit for women rose 4.8 times in this period compared with 2.9 times growth in overall credit. “The number of women availing formal credit in India has grown at a compounded annual growth rate (CAGR) of 9% between 2017 and 2025, underscoring their increasing engagement with the financial system. Outstanding credit for women borrowers has grown 4.8 times since 2017, compared with 2.9 times for total credit, indicating a significantly faster expansion. In recent years, the growth of digital infrastructure has facilitated easier onboarding, faster loan processing, and improved access to information,” said Bhavesh Jain, MD and CEO, TransUnion Cibil.Women’s share in retail loan originations rose to 27% in 2025 from 24% in 2022, reflecting broad-based growth across segments. Their share in housing loan originations increased to 69% from 63% over the same period, indicating a rise in asset ownership and participation in financial decisions. In consumption credit, women’s share rose to 19% from 16%, while in gold loans it increased to 37% from 36%. The share of new-to-credit women borrowers in retail credit rose by 10 percentage points to 38% in 2025, showing expansion into previously unserved segments.“At Niti Aayog, we recognize that access to finance is a structural enabler of women’s economic participation. Through platforms such as the Women Entrepreneurship Platform and the Financing Women Collaborative, we are working to strengthen ecosystem coordination,” said Nidhi Chhibber, CEO, Niti Aayog.The report said rising access to credit is translating into greater economic participation. The number of women with active business-purpose loans grew at a CAGR of 31% over the past three years, indicating a shift towards enterprise activity. Digitisation has reduced turnaround time, with same-day approvals in consumption loans rising to 45% in 2025 from 34% in 2022. Around 19% of active microfinance borrowers now hold individual retail or commercial loans, suggesting a move towards more complex financial products.The report outlined measures to expand participation further. It said lenders should use digital transaction data such as UPI histories for underwriting, especially for borrowers without collateral. It called for strengthening last-mile digital capability through collectives and peer networks to build trust. It recommended lifecycle-based financial products that combine savings, credit, and literacy, with a focus on women under 35. It also said expansion should be supported by better risk segmentation and use of alternative data to bring unserved women into the system while maintaining portfolio quality.The report said the ecosystem should track progression metrics such as graduation rates and multi-product holding instead of focusing only on disbursement volumes. It also called for vernacular and voice-enabled digital models and integration of non-financial support such as market linkages to help women-led businesses scale.
Business
‘Ships continuously coming even amid blockage’: Centre assures 100% energy supplies across the country – The Times of India
The Centre assured that LPG supply across the country is normal, despite rising tensions in the Middle East, with shipments sailing through the Strait of Hormuz without any disruption. Dismissing fears of any shortage in the nation, petroleum and natural gas secretary Neeraj Mittal, on Thursday, said that domestic availability remains stable. “I don’t see any problem anywhere. All domestic supplies are at 100 per cent,” he stated, adding that around 70 per cent of packed LPG has already been released into the system.While acknowledging the possibility of minor, localised supply bottlenecks, Mittal said such issues are routine and managed on a day-to-day basis.He also addressed concerns over maritime movement in the region, noting that vessel traffic has not faced delays. “Ships have been continuously coming even when there was a blockage. It takes its normal travel time. We are not talking about any delay in crossing the Strait,” he said.According to Mittal, the government is closely tracking developments and remains prepared to act if needed. “The government is reviewing this on a daily basis. If any change has to be made, it will be done,” he said.Speaking at a conference on energy security and India’s growing gas demand, Mittal further emphasised the need for preparedness in light of recent global developments. He highlighted that nearly 90% of India’s crude oil imports pass through the Strait of Hormuz, underlining its strategic importance.He further noted that India sources crude oil from 41 countries, natural gas from 30 countries, and LPG from 13 countries, stressing that such diversification plays a key role in shaping future energy policies.“The government is committed to ensuring that gas is available to all entities, and we are also focusing on diversification so that such crises do not impact supplies,” he said. Meanwhile, Green Asha, a fuel carrier with over 15,400 tonnes of LPG, also arrived in the country on Thursday after crossing Strait of Hormuz earlier this week.The conference, organised by the petroleum and natural Gas regulatory board (PNGRB) in partnership with Indraprastha Gas Limited (IGL), brought together stakeholders to discuss the expanding role of natural gas in the country’s energy mix.Discussions at the two-day event focused on infrastructure investment, regulatory support, and addressing sectoral challenges, while also encouraging innovation as India works to strengthen its energy security in the face of global uncertainties.
Business
Iran war: Oil prices rise as traders eye fragile ceasefire deal
The cost of crude plunged on Wednesday after a deal was announced that includes the opening of the Strait of Hormuz.
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Business
Strait of Hormuz open or close? Only a ‘trickle’ of oil leaving right now despite ceasefire – The Times of India
The tussle over the opening of the Strait of Hormuz continues as the Middle East crisis intensifies, with oil shipments yet to return to normal levels. According to a senior Gulf Oil adviser, any impact on fuel prices in the United States is likely to take time.Tom Kloza, the company’s chief energy adviser, told CNN that he is still “not seeing the evidence of more crude oil departing” the strait, even though reopening the route was reportedly part of the two-week ceasefire agreed on Tuesday night.Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed that traffic through the strait slowed sharply and then stopped, blaming what it described as a violation of the ceasefire by Israel in Lebanon.Kloza said the situation remains uncertain and progress has been slow. “I would emphasize these are really baby steps right now. There’s no indication that the strait is going to reopen, and it seems like a flimsy ceasefire, to say what’s obvious,” he told CNN’s Jake Tapper.He added that only “a trickle” amount of oil is currently leaving the region. Because of the fragile ceasefire, companies are likely to be cautious about sending oil through the route.“It looks as though we’re weeks away from any restoration of even 50% or 70% of the Strait of Hormuz traffic that we depend on,” Kloza said.The situation could escalate further after US President Donald Trump on Thursday issued a fresh warning to Iran over the Strait of Hormuz. Posting on the social media platform Truth Social, he said American military forces and weapons would remain in place until the two sides reach a “real agreement”.“If for any reason it is not, which is highly unlikely, then the “Shootin’ Starts,” bigger, and better, and stronger than anyone has ever seen before. It was agreed, a long time ago, and despite all of the fake rhetoric to the contrary – NO NUCLEAR WEAPONS and, the Strait of Hormuz WILL BE OPEN & SAFE. In the meantime our great Military is Loading Up and Resting, looking forward, actually, to its next Conquest. AMERICA IS BACK!”Global energy supplies continue to face pressure as Iran restricts movement through the Strait of Hormuz, a vital route that carries around 20% of the world’s oil. The conflict has now stretched beyond a month, following strikes on Iran by the United States and Israel on February 28.Meanwhile, oil prices edged up on Thursday after recording their sharpest single-day drop since April 2020, as ongoing tensions in the Middle East and uncertainty over the Strait of Hormuz kept markets unsettled. Brent crude climbed back towards $97 a barrel after a 13% fall on Wednesday, while West Texas Intermediate hovered near similar levels.
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