As Covid rages, demand for small-ticket loans on the rise from beyond metros

Small-ticket lending is increasingly moving out of larger metros, with 70% of disbursals from smaller cities and towns. Besides, the preference is for small-size loans of up to ₹25,000. Personal loans have gone up from 10% in 2017 to 60% in 2020, the report noted.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3iABrcW