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The Economic Times

Economy / The Economic Times

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Bigger loans lift digital lenders books 28% as outstanding accounts decline

Digital lenders in India experienced a notable 28% increase in their personal-loan portfolios over the past year. The number of outstanding loan accounts slightly decreased to 5.64 crore, indicating a shift towards larger balances. New loan sanctions also surged by 50%, highlighting a strong demand for personal loans. Borrowers with limited credit histories and younger customers contributed significantly to this growth.

30 Sep 2026 4:13 pm