8  have outsourcing tie ups functions within the regulatory ecosystem, not just in letter but also in spirit. Looking Ahead The deepening and widening of financial inclusion will drive the growth in financialization of savings in India. Increasing adoption of digital modes, GSTN, online shopping, P2P payments, QR code deployment and everything else together will generate reams of customer data.
This data could be potentially utilised to chart customer needs, behaviour and repayment capacity and help in digital inclusion. One specific area where digital lending has the potential to be a catalyst for economic growth is cash-flow based lending to MSMEs.