4/10 fintech personal loans disbursed during H1FY24 pertain to borrowers from Tier III cities and beyond. The loan-sanctioned value has grown by three times since FY18-19📈
Maharashtra has the highest number of borrowers
Fintech NBFC majorly focuses on small ticket-size loans that banks. As of Sept 23, loan volume grew by 5 times and its value by 3 times in the past 5 years with an outstanding ₹55,353 Cr🔼
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