Small Personal Loan Disbursement - PowerPoint PPT Presentation
Title:
Small Personal Loan Disbursement
Description:
As per a report by the CRIF India, the disbursement of small-ticket personal loans during the last two years has jumped almost 5 times. The share of small personal loans shot up close to 60% by March 2020 from 12.9% of the disbursed amount during 2017-18. Software deployed by finance companies and Fintech to approve and disburse instant personal loans based on analytics is the key driving force behind this jump in loans. The report suggests low-income borrowers are applying for an instant loan to meet their daily requirements rather than emergency purposes. – PowerPoint PPT presentation
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Title: Small Personal Loan Disbursement
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