![](data:image/svg+xml;charset=utf-8,<svg height="32" width="135" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="16" width="68" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="18" width="8" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="15" width="18" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="15" width="15" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
The trends and market share are based on disbursement value.
Fintech lending Trends: Fiscal 2023 saw 49% spike
Updated: 30 Aug 2023, 03:20 PM IST
TL;DR.
FinTech and digital lending are becoming prominent in banks and NBFCs, encompassing asset classes including retail products such as personal, consumer, and business loans. The number of loans in FY22-23 spiked to 7.10 crore, indicating an increase of 49% YOY compared to 4.77 crore in FY21-22.
First Published: 30 Aug 2023, 03:20 PM IST