65% of borrowers sought for loans for the first time while 35% of them bought consumer durables such as refrigerators or washing machines on credit. Average ticket size of personal loans diminished by 40% between FY17 and FY21 from RS. 2.4 lakh to Rs 1.5 lakh.
from Banking/Finance-Industry-Economic Times https://ift.tt/3DIkJk7
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