Digital lending in India is growing at nearly a 40% CAGR, reflecting the rapid evolution of the country’s financial services landscape. As millions of new customers enter the formal financial system and expectations shift toward instant, digital-first experiences, banks and NBFCs are under increasing pressure to operate faster, scale efficiently, and remain compliant.
This eBook presents 10 remarkable transformation stories from India’s leading banks and NBFCs, showcasing how Newgen’s AI-first, low-code platform NewgenONE has enabled extraordinary results: from reducing processing time by 400% to increasing revenue by 25%.
By the Numbers: India’s Banking Revolution
The scale of India’s digital banking shift makes transformation not just relevant, but essential:
- 89% of Indians held financial accounts in 2024, up from 35% in 2011
- 40% CAGR projected for India’s digital lending market
- $439B digital lending market size in 2024
- 74% of financial firms have initiated GenAI initiatives
Read this eBook to gain insights into:
- Real-world implementation strategies and outcomes
- Technical insights into AI-first, low-code solutions
- Best practices for digital transformation in banking
- ROI frameworks and success metrics
- Future trends shaping Indian banking
The next transformation story could be yours.
Download the eBook and step inside the transformation journeys of India’s leading financial institutions.