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Need a personal loan? Report shows digital lenders are outpacing legacy banks; younger borrowers prefer fintech apps

1 source · first seen 20:06 1 Oct · updated 20:06 1 Oct

The brief

Written from 1 report · check the source before you trade
  • Digital lenders account for a large share of India’s personal loan volumes
  • Younger borrowers prefer fintech apps for personal loans
  • Digital lending growth raises competition for Indian banks and NBFCs

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Digital lending6 todayUnsecured loans3 todayFintech and payments23 todayBanks70 todayNBFCs12 today

Linked by the tag Unsecured loans

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Read the reports

1 report · earliest 20:06
MintNeed a personal loan? Report shows digital lenders are outpacing legacy banks; younger borrowers prefer fintech apps20:06