The non banking financial corporations in India showed an immense growth in lending through digital mode in the financial year 2020, with around 60 percent of total loans being disbursed through digital channels. There was some decline in digitally disbursed loans as of November 2021. The country is still at a nascent stage in terms of digital lending.
Share of digitally disbursed non-banking financial corporations' loans in India from financial year 2017 to 2021
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Reserve Bank of India. (November 18, 2021). Share of digitally disbursed non-banking financial corporations' loans in India from financial year 2017 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1321199/india-share-of-digitally-disbursed-nbfcs-loans/
Reserve Bank of India. "Share of digitally disbursed non-banking financial corporations' loans in India from financial year 2017 to 2021." Chart. November 18, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1321199/india-share-of-digitally-disbursed-nbfcs-loans/
Reserve Bank of India. (2021). Share of digitally disbursed non-banking financial corporations' loans in India from financial year 2017 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1321199/india-share-of-digitally-disbursed-nbfcs-loans/
Reserve Bank of India. "Share of Digitally Disbursed Non-banking Financial Corporations' Loans in India from Financial Year 2017 to 2021." Statista, Statista Inc., 18 Nov 2021, https://www.statista.com/statistics/1321199/india-share-of-digitally-disbursed-nbfcs-loans/
Reserve Bank of India, Share of digitally disbursed non-banking financial corporations' loans in India from financial year 2017 to 2021 Statista, https://www.statista.com/statistics/1321199/india-share-of-digitally-disbursed-nbfcs-loans/ (last visited November 21, 2024)
Share of digitally disbursed non-banking financial corporations' loans in India from financial year 2017 to 2021 [Graph], Reserve Bank of India, November 18, 2021. [Online]. Available: https://www.statista.com/statistics/1321199/india-share-of-digitally-disbursed-nbfcs-loans/
