• About Us
  • Contact Us
Tuesday, March 21, 2023
  • Login
  • Register
B2B Infomedia
No Result
View All Result
  • Home
  • Fintech
    OpenText Buys Micro Focus

    OpenText Buys Micro Focus

    SUCCESSFUL CONCLUSION OF 14TH NBFC & FINTECH CONCLAVE & AWARDS 2023 WHERE CHIEF GUEST RAMESH IYER DELIVERED INAUGURAL ADDRESS

    SUCCESSFUL CONCLUSION OF 14TH NBFC & FINTECH CONCLAVE & AWARDS 2023 WHERE CHIEF GUEST RAMESH IYER DELIVERED INAUGURAL ADDRESS

    PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crore

    Personal loans account for 96% of all fintech lendings, mostly below Rs 5,000: Report

    Decentro sets up operations in Singapore, appoints Wingpay’s Saksham Shubham as business head for SE Asia

    Decentro sets up operations in Singapore, appoints Wingpay’s Saksham Shubham as business head for SE Asia

    In a first for India, Paytm Payments Bank launches UPI LITE feature

    In a first for India, Paytm Payments Bank launches UPI LITE feature

    5 more banks to join digital rupee pilot in 9 more cities soon

    Goldman Sachs leads India fintech funding while deals dry up

  • BFSI
    RBI keeps close watch on Credit Suisse crisis

    Credit Suisse’s discounted sale a signal for all bankers: Kotak

    Dr. Bhagwat Karad launches a book on Cyber Security

    Dr. Bhagwat Karad launches a book on Cyber Security

    LIC increases stake in Capri Global to 9%, buying 2% more at Rs 257 crore

    FSIB to soon start selection process for new LIC chairman

    Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

    Bank of Baroda Increases Interest Rates on Retail Term Deposits

    Banks set to pilot dollar clearing and settlement at IFSC

    Banks set to pilot dollar clearing and settlement at IFSC

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

  • Education
    Education ministry sets up panel to strengthen assessment, accreditation of higher educational institutions

    National University of Singapore’s Multi-disciplinary Master’s Programs to Equip Learners with Skills for Industry 4.0

    IIM Ahmedabad rolls out open learning platform for students and professionals

    IIM Ahmedabad rolls out open learning platform for students and professionals

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Digital university to reduce cost of higher, skill education drastically in India: Union Minister Pradhan

    Atal Bihari Vajpayee General Scholarship Scheme: Registrations begins, check for more details

    Atal Bihari Vajpayee General Scholarship Scheme: Registrations begins, check for more details

    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    Central university students can enroll for 2 courses together from new academic year

  • Enterprise
    Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

    Bank of Baroda Increases Interest Rates on Retail Term Deposits

    Banks set to pilot dollar clearing and settlement at IFSC

    Banks set to pilot dollar clearing and settlement at IFSC

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

    HDFC Bank acquires 7.75 per cent stake in fintech start-up Mintoak for Rs 31.1 crore

    HDFC-HDFC Bank merger gets NCLT approval

    No PSU norms for IDBI Bank after stake sale, clarifies govt

    DIPAM rubbishes media reports of IDBI Bank disinvestment deferment

    IRDA directive to shun brokers for gilt trades baffles insurers

    NCLT approves Welspun takeover of Sintex BAPL

  • Technology
    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    Snapchat to gain a ChatGPT-powered AI chatbot soon

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    ChatGPT as lawyer helps design agency recover $109,500 from client who ghosted

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    Digital credit to be rolled out this year; NRIs in 10 countries to get UPI service

  • Events
    • Upcoming Events
    • Past Events
  • Home
  • Fintech
    OpenText Buys Micro Focus

    OpenText Buys Micro Focus

    SUCCESSFUL CONCLUSION OF 14TH NBFC & FINTECH CONCLAVE & AWARDS 2023 WHERE CHIEF GUEST RAMESH IYER DELIVERED INAUGURAL ADDRESS

    SUCCESSFUL CONCLUSION OF 14TH NBFC & FINTECH CONCLAVE & AWARDS 2023 WHERE CHIEF GUEST RAMESH IYER DELIVERED INAUGURAL ADDRESS

    PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crore

    Personal loans account for 96% of all fintech lendings, mostly below Rs 5,000: Report

    Decentro sets up operations in Singapore, appoints Wingpay’s Saksham Shubham as business head for SE Asia

    Decentro sets up operations in Singapore, appoints Wingpay’s Saksham Shubham as business head for SE Asia

    In a first for India, Paytm Payments Bank launches UPI LITE feature

    In a first for India, Paytm Payments Bank launches UPI LITE feature

    5 more banks to join digital rupee pilot in 9 more cities soon

    Goldman Sachs leads India fintech funding while deals dry up

  • BFSI
    RBI keeps close watch on Credit Suisse crisis

    Credit Suisse’s discounted sale a signal for all bankers: Kotak

    Dr. Bhagwat Karad launches a book on Cyber Security

    Dr. Bhagwat Karad launches a book on Cyber Security

    LIC increases stake in Capri Global to 9%, buying 2% more at Rs 257 crore

    FSIB to soon start selection process for new LIC chairman

    Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

    Bank of Baroda Increases Interest Rates on Retail Term Deposits

    Banks set to pilot dollar clearing and settlement at IFSC

    Banks set to pilot dollar clearing and settlement at IFSC

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

  • Education
    Education ministry sets up panel to strengthen assessment, accreditation of higher educational institutions

    National University of Singapore’s Multi-disciplinary Master’s Programs to Equip Learners with Skills for Industry 4.0

    IIM Ahmedabad rolls out open learning platform for students and professionals

    IIM Ahmedabad rolls out open learning platform for students and professionals

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Digital university to reduce cost of higher, skill education drastically in India: Union Minister Pradhan

    Atal Bihari Vajpayee General Scholarship Scheme: Registrations begins, check for more details

    Atal Bihari Vajpayee General Scholarship Scheme: Registrations begins, check for more details

    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    Central university students can enroll for 2 courses together from new academic year

  • Enterprise
    Bank of Baroda says reduced exposure to Adani Group in two years, no concern on asset quality

    Bank of Baroda Increases Interest Rates on Retail Term Deposits

    Banks set to pilot dollar clearing and settlement at IFSC

    Banks set to pilot dollar clearing and settlement at IFSC

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

    Bank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth

    HDFC Bank acquires 7.75 per cent stake in fintech start-up Mintoak for Rs 31.1 crore

    HDFC-HDFC Bank merger gets NCLT approval

    No PSU norms for IDBI Bank after stake sale, clarifies govt

    DIPAM rubbishes media reports of IDBI Bank disinvestment deferment

    IRDA directive to shun brokers for gilt trades baffles insurers

    NCLT approves Welspun takeover of Sintex BAPL

  • Technology
    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    Snapchat to gain a ChatGPT-powered AI chatbot soon

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    ChatGPT as lawyer helps design agency recover $109,500 from client who ghosted

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    Digital credit to be rolled out this year; NRIs in 10 countries to get UPI service

  • Events
    • Upcoming Events
    • Past Events
No Result
View All Result
B2B Infomedia
No Result
View All Result
Home Fintech

Personal loans account for 96% of all fintech lendings, mostly below Rs 5,000: Report

Prashant Dwivedi by Prashant Dwivedi
March 1, 2023
in BFSI, Fintech
A A
0
PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crore
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Despite facing regulatory challenges, fintech lenders continue to expand the credit penetration with loan disbursements growing more than 60% in one year. A report released by credit bureau Equifax and fintech industry body Fintech Association for Consumer Empowerment (FACE) shows that digital lenders disbursed Rs 28,247 crore between the April to September 2022 period totalling to 2.74 crore loans. In comparison, digital lenders had disbursed loans worth Rs 17,414 crore during the April to September 2021 period.

Personal loans remained the dominant product accounting for 96% of the volume. However, given the difference in ticket size across products, it accounted for 66% of the value. Andhra Pradesh, Tamil Nadu, Telangana, Maharashtra and Karnataka accounted for 54% of the total digital lending loans.

0Like
0Dislike
50% LikesVS
50% Dislikes
Source: Economic Times
Tags: bfsiFintechFintech Association for Consumer Empowermentpersonal loansrbi
Previous Post

SBI enters social loan market; raises $1 bln from overseas markets

Next Post

PNB withdraws divestment process in Canara HSBC Life Insurance

Prashant Dwivedi

Prashant Dwivedi

Related Posts

RBI keeps close watch on Credit Suisse crisis
BFSI

Credit Suisse’s discounted sale a signal for all bankers: Kotak

March 21, 2023
Dr. Bhagwat Karad launches a book on Cyber Security
BFSI

Dr. Bhagwat Karad launches a book on Cyber Security

March 20, 2023
LIC increases stake in Capri Global to 9%, buying 2% more at Rs 257 crore
BFSI

FSIB to soon start selection process for new LIC chairman

March 20, 2023
Next Post
PNB buries ghost of 2018 to fund lab diamonds

PNB withdraws divestment process in Canara HSBC Life Insurance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

14th NBFC & FINTECH CONCLAVE & AWARDS 2023
Subscribe to our Newsletter
johnsmith@example.com

Recent News

RBI keeps close watch on Credit Suisse crisis

Credit Suisse’s discounted sale a signal for all bankers: Kotak

March 21, 2023
Dr. Bhagwat Karad launches a book on Cyber Security

Dr. Bhagwat Karad launches a book on Cyber Security

March 20, 2023
Education ministry sets up panel to strengthen assessment, accreditation of higher educational institutions

National University of Singapore’s Multi-disciplinary Master’s Programs to Equip Learners with Skills for Industry 4.0

March 20, 2023
LIC increases stake in Capri Global to 9%, buying 2% more at Rs 257 crore

FSIB to soon start selection process for new LIC chairman

March 20, 2023
B2B Infomedia

Be To Be Infomedia Pvt. Ltd. represents the inovative platfrom to the clients and widely recognised as one of the ponier networking platfrom with the team of young, creative, dynamic & dedicated professionals.

Quick Links

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Refund Policy
  • Terms and Conditions

All News

  • BFSI
  • Edtech
  • Education
  • Enterprise
  • Financial Inclusion
  • Fintech
  • Pharma
  • Startup
  • Technology
Subscribe to our Newsletter
johnsmith@example.com
  • About Us
  • Contact Us

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

No Result
View All Result
  • Home
  • About Us
  • Upcoming Events
  • Fintech
  • BFSI
  • Education
  • Technology
  • Startup
  • Enterprise
  • Pharma
  • Contact Us
  • Login
  • Sign Up

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In