₹922670000000 Digital Loans Given in FY23 in India: Report

Aug 21, 2023 Girish Khurana

Rs 92,267 crore in 7.1 crore digital loans disbursed in FY23

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Rs 60,922 crore worth portfolio outstanding as of March 2023

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Rs 12,989 average ticket size of loans

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Maha, K’taka, UP, TN, and Telangana top 5 states with 50% disbursement

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72% market share of personal loans, 15% consumer loans & 6% business loans

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No. of loans disbursed in FY23 grew 49% from 4.77 crore in FY22

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Amount disbursed in FY23 grew 21% from Rs 76,396 cr in FY22

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90+ delinquency of loans dropped 50 bps in March 2023 from March 2022

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Data source: FACE Equifax Digital Lending Report Images Source: Pexels Learn more