Sameer Minhas walked into the 2025 U19 Asia Cup final with the usual big match, big nerves warning label attached. However, as he took guard and started playing his strokes, he looked like a confident young batter making a mess of the Indian bowlers
Digital lenders disbursed Rs 97,381 crore in H1 on surge in small personal loans: Face report
Digital lenders continued to scale in the first half of the current fiscal year, disbursing personal loans worth Rs 97,381 crore, a 25% year-on-year (YoY) increase, according to the Fintech Association for Consumer Empowerment (Face).
The Digital Personal Loans Market Report for H1 FY25-26, based on credit bureau data for over 110 digital non-banking finance companies (NBFCs), showed that these lenders disbursed 6.4 crore loans in H1, accounting for 80% of all personal loans in the country.
In value terms, however, digital lenders made up just 19% of the market, indicating they largely catered to small-ticket, short-tenure credit.
Digital loan disbursements grew 26% sequentially over the previous half-year, reversing a contraction seen in H2 FY25. The growth in disbursement value also saw a gradual rise in ticket sizes. The average digital loan amount rose about 14% from a year earlier, to Rs 15,177.
Face was recognised as a self-regulatory organisation in the fintech sector (SRO-FT) by the Reserve Bank of India (RBI) in 2024.
The report also suggests deepening the penetration of digital credit among younger and underserved demographics. Borrowers under 35 accounted for 60% of the sanctioned value, while tier-III towns and beyond contributed 39%; nearly half of all loans sanctioned were to rural and semi-urban customers.
Further, the report noted an improvement in portfolio quality, with delinquencies greater than 90 days falling to 2.1% as of September 2025, from 2.5% in June 2025.
This comes as the RBI has been steadily tightening its regulatory oversight on digital lending in a bid to curb delinquencies and rising fraud. Despite that, the segment has expanded its role in meeting short-term credit demand, particularly for younger and first-time borrowers.
Source: EconomicTimes
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Sameer Minhas walked into the 2025 U19 Asia Cup final with the usual big match, big nerves warning label attached. However, as he took guard and started playing his strokes, he looked like a confident young batter making a mess of the Indian bowlers
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