TransUnion CIBIL Limited

TransUnion CIBIL data insights show a marked 10% growth in the share of number of women borrowers holding a business loan was seen during this period FY 2019 – FY 2024. As women-led businesses are growing across geographies, empowering them with quick, easy and cost-effective access to finance is paramount for the sustained growth of their businesses. With a focus on credit education, SEHER will offer women entrepreneurs access to personalized resources and tools, including financial literacy content. Read more: http://transu.co/60479objc #PressRelease #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP MicroSave Consulting (MSC) Women Entrepreneurship Platform

Highlights from the WEP Financing Women Collaborative (FWC) convening on advancing women's financial access: Ms. Mercy Epao, Joint Secretary, Ministry of MSME, stated, '39% of PMEGF beneficiaries are women. The Govt. is focusing on employment generation, creating over 20.2 Cr jobs in the MSME sector.' Ms. Saloni Narayan, Deputy MD (Finance), SBI, emphasised, 'To achieve Viksit Bharat 2047, women and children must be integrated into the formal financial network.' Ms. Maya Patole, MD, MAVIM, highlighted, 'MAVIM has provided financial assistance to 850,000 women with a 99.9% loan repayment rate.' Ms. Padmini Vora, General Counsel at TransUnion CIBIL, highlighted that the Government and banking sector have made significant policy interventions for financial inclusion, with RBI focusing on priority sector lending and expanding rural bank branches. However, she emphasised that more efforts are needed to achieve the vision of Viksit Bharat 2047. Ms. Archna Vyas, Director, Gates Foundation, stressed, 'Achieving Viksit Bharat requires ensuring self-employed women have access to quality credit.' Ms. Sonal Jaitly, Associate Partner, MSC, highlighted, ‘To achieve a USD 5 trillion economy, it's crucial to accelerate credit growth while maintaining high credit quality and managing risk prudently to ensure overall system stability. Anna Roy MicroSave Consulting (MSC) TransUnion CIBIL Limited #FWC2024 #EmpowerWomen #FinancialInclusion #WomenEntrepreneurs #EconomicGrowth #VisionIndia2047

“A lack of financial awareness is often cited as one of the key roadblocks for MSME development, which is a high priority segment for our country's economic growth. To get timely and better access to finance for business growth, entrepreneurs must gain knowledge on all aspects of finance, including their CIBIL Rank and commercial credit report. WEP aims to empower women entrepreneurs by overcoming information asymmetry and providing support across different pillars such as entrepreneurship promotion, access to finance, market linkages, training and skills development, mentoring and networking, and access to business development services,” said Ms. Anna Roy, Mission Director, WEP, and Principal Economic Adviser, NITI Aayog at the launch of SEHER, a credit education program by the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL. Read more: http://transu.co/60409okap #PressRelease #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP MicroSave Consulting (MSC)

“TransUnion CIBIL is proud to partner with the Women Entrepreneurship Platform on this unique initiative aimed at empowering women entrepreneurs across socio-economic categories, age-groups and geographic locations. Business growth is directly dependent on credit access, credit awareness and financial literacy. We aim to propagate financial knowledge and improve the skills of women entrepreneurs so that they can manage their businesses successfully to achieve sustained growth. This program will also help support India’s USD 5 trillion economy goal as more and more women are empowered to start and grow their businesses profitably,” said our MD and CEO - Rajesh Kumar, at the launch of SEHER, a credit education program by the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL. Read more: http://transu.co/60489oVy6 #PressRelease #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP MicroSave Consulting (MSC)

Watch this full episode of the TVS Credit Fireside Chat as our expert, Mr. Bhavesh Jain, Chief Revenue Officer, TransUnion CIBIL shares invaluable insights, practical tips, and proven strategies to help you pave the way to financial freedom. Click the link to watch the first episode now: https://lnkd.in/gJ9JZnRX #TVSCredit #FiresideChat #CreditScore #FinancialFreedom #Podcast #CIBIL TVS Credit Services Ltd.

SEHER, a credit education program launched by the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL, will increase awareness among women entrepreneurs in India about finances and accessing and managing credit. Read more: http://transu.co/604499eYp #PressRelease #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP MicroSave Consulting (MSC)

"Our goal is to propagate financial knowledge and improve the skills of women entrepreneurs, enabling them to manage their businesses successfully and achieve sustained growth," said Rajesh Kumar, MD and CEO, TransUnion CIBIL, at the launch of SEHER, a credit education program aimed at empowering women entrepreneurs across India. Read more here: http://transu.co/604795FRP #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP Women Entrepreneurship Platform MicroSave Consulting (MSC)

“At TransUnion CIBIL, we are committed to leveraging our expertise in data and analytics for improving access to credit for women entrepreneurs, recognizing their critical role in driving economic growth and nation-building. To achieve this, we collaborate closely with government bodies to drive programs that effectively reach them, ensuring they have the support needed to succeed in the financial ecosystem. We are actively involved in initiatives aimed at improving credit access enabling financial institutions to assess the creditworthiness of women more effectively. We have also partnered with the Common Services Centres (CSCs) to enhance financial inclusion and empower rural communities, where women in deep geographies too are beneficiaries,” said our General Counsel and Chief Compliance Officer - Padmini Vora in a panel discussion at the Financing Women Collaborative (FWC) convening hosted today in Mumbai. Moderator: Ms. Sonal Jaitly, Associate Partner, MicroSave Consulting (MSC) • Address: o Ms. Mercy Epao, Joint Secretary - SME, Ministry of MSME • Panelists: o Smt. Saloni Narayan, Deputy Managing Director (Finance), State Bank of India (SBI) o Ms. Padmini Vora, General Counsel and Chief Compliance Officer, TransUnion CIBIL Limited o Ms. Maya Patole, Managing Director, Mahila Arthik Vikas Mahamandal (MAVIM) o Ms. Archna Vyas, Director, Program Advocacy and Communications, Growth, Opportunity, and Empowerment, Gates Foundation #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP Women Entrepreneurship Platform

“Even though women borrowers have a better risk profile and lower delinquency ratios than men, as evidenced by historical data, they only account for 20% of outstanding retail loan amount in India. India’s credit ecosystem participants must bridge this gap, which is also a massive opportunity both in terms of supporting women empowerment and driving financial inclusion. Focused and collaborative measures by ecosystem participants towards progressive lending policies and efforts on financial literacy and credit awareness will go a long way in strengthening financial inclusion”, said our MD and CEO - Rajesh Kumar in a thought leadership discussion on ‘Perspective on Encouraging Banks to Finance Women Beyond SHG Groups’, at the Financing Women Collaborative (FWC) convening hosted today in Mumbai. Moderated by Ms. Mythili Bhusnurmath, Consulting Editor, @ET Now Panelists: • Mr. Rajaneesh Karnatak, MD & CEO, BOI • Mr. Rajesh Kumar, MD & CEO, TransUnion CIBIL Limited • Mr. Manoj Sharma, Managing Director, MicroSave Consulting (MSC) #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP #TUCIBIL MicroSave Consulting (MSC) Women Entrepreneurship Platform (WEP)

Our Chief Revenue Officer - Mr. Bhavesh Jain , shared insights in a session on ‘Credit Enablement from a CIBIL Lens’ at the Financing Women Collaborative (FWC) convening hosted today in Mumbai. The event was attended by key stakeholders to strengthen women entrepreneurs' access to finance. “Financial Inclusion is a key focus area for us at TransUnion CIBIL. In this endeavor, we aim to provide equal opportunity of credit access and credit empowerment to all segments of individuals and businesses. Women entrepreneurs is a high priority segment for our country's economic growth. By empowering women entrepreneurs with financial literacy and skills, we are not only fostering individual success but also contributing to the growth of our country’s economy. Our collaboration with Women Entrepreneurship Platform aims to provide easy access to credit information and financial education to individuals in underserved areas.” #WomenEmpowerment #FinancialInclusion #WomenEntrepreneurs #NariShakti #WEP #TUCIBIL MicroSave Consulting (MSC)