According to a report titled ‘Charting New Horizons for Fintech Lending: Navigating Profitability and Scalability’, Till September 2023, 77% of the loans under Rs 1 lakh were given out by fintech lenders, from around 50% in FY18. In value terms, fintechs accounted for 50% of market share with non-banking lenders making up 25%. Read The Rest at :
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