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What’s Inside the Report?

Behind the Numbers: A Festive Surge

  • Request volumes soar up to 4.5x during peak periods.
  • Dhanteras saw a 19% YOY increase in requests.
  • Diwali emerged as the most significant festive day, with a 47% growth in requests YOY across the industry.

Tech Trends Powering BFS Success

  • The rise of instant credit platforms.
  • Digital borrowing trends: Over 60% of loans originated through digital channels.
  • AI and ML driving data-driven customer verification and fraud detection.

Winning Strategies for Festive Success

  • Bottlenecks faced during the festive seasons.
  • Prepare for future peaks with best practices.
  • Prepare for future peaks with best practices and insights to capture the surge in opportunities during the festive season.

Key Takeaways from the BFS Festive Trends Report

Unveiling the Festive Boom

How consumer behavior evolves during the festive season

Tech-Led Transformation

How MDM enables rapid approvals and enhances customer experiences

Navigating New Challenges

Compliance, risk management, and cross-border data insights

Your Roadmap for 2025

Strategies to stay ahead of the competition

Banking professional, fintech innovator, or retail lenders

This BFS trends report is your guide to unlocking the potential of India’s festive economy in 2025!