Topic
digital finance
Auto Financiers Urge Industry to Embed Financing Seamlessly into Car Sales Process
Speaking at the FADA Finance and Insurance Summit 2026 in Mumbai, auto financiers urged the industry to move beyond generic EMI products toward embedded finance that integrates digital credit at the point of sale. Rajan Pental of Yes Bank noted that while customers arrive fully informed about cars, the multiplicity of lenders delays transactions. India's auto finance market remains dominated by traditional loans, with leasing at about 1.5% and subscription at 0.1%, contrasting with maturing platform-led models in Europe and the US.
Just 14% of MSMEs Get Formal Loans Despite India's Digital Finance Boom: Deloitte Report
Deloitte's State of Financial Services in India report reveals that only 14% of MSMEs have access to formal credit, leaving a credit gap of at least Rs 25 lakh crore. Despite India's advanced digital payments ecosystem, inclusion gaps persist with low formal credit penetration and insurance coverage.