Introduction Personal loans have been a significant financial tool for individuals in India, witnessing a 22% YoY growth. Despite this surge, the average loan ticket size has been on a declining trajectory since 2019. This shift is influenced by various factors, including increased risk weights, making personal loans both more expensive and more challenging to […]

Introduction If you’re feeling weighed down by various debts, a personal loan could be the solution you’ve been searching for. In 2023, Forbes Advisor’s debt consolidation trends survey revealed that 54% of respondents turned to personal loans to simplify and reduce their monthly payments, 42% sought lower interest rates, and 35% aimed to lighten their […]