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Digital loan disbursals surge 147% in Q3 FY23: Report
Domestic digital lenders disbursed loans valued at ₹18,537 crore in Q3 of FY23, registering a growth of 118% YoY as against ₹8,520 crore in the same period a year ago.
Domestic digital lenders disbursed loans valued at ₹18,537 crore in Q3 of FY23, registering a growth of 118% YoY as against ₹8,520 crore in the same period a year ago.
Big Tech firms have an enormous amount of customer data which has helped them to offer tailored financial services to individuals lacking credit history, says RBI governor.