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Digital loans preferred by under 40s
The amount of loan disbursed saw a 21% Y-o-Y jump from Rs 76,396 crores in FY 21-22 to Rs 92,267 crores in FY 22-23. And not just the amount, the numb
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Unsecured loans growing rapidly
Unsecured loans registered the fastest growth amongst all loan categories, with personal loans payable standing at Rs 10.25 trillion. About 73% of tot
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Card spending to reach $27.9 trillion this year : GlobalData
According to the FACE-Equifax Fintech lending trends report, fintech players had disbursed digital loans amounting to Rs 92,267 crores in FY23. Even t
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IDBI Bank launches digital loan processing system for MSME, agri borrowers
These features of the fully digitized and automated loan processing system are further aimed at providing a superior tech-enabled banking experience t
