Monday, 12 June, 2023

Digital Lending Witnesses Impressive 131% Growth in FY23 Fueled by Small Ticket Loans

According to a recent report, digital lending volumes experienced a remarkable surge of 131% in the fiscal year 2023. The growth was primarily driven by the popularity of small-ticket loans. This significant increase in digital lending showcases the rising trend of online borrowing and highlights the evolving landscape of financial services. The report's findings shed light on the shifting preferences of borrowers towards convenient digital lending platforms.