 "Digital lending, fintech, digital lenders")
Loan disbursals by digital lenders have doubled in volume and value terms in Q3FY23, said a report on Tuesday.
Digital lenders disbursed around 18 million loans worth Rs 18,537 crore during this period, up 147 per cent in volume terms and 118 per cent in value of terms, said the report by Fintech Association for Consumer Empowerment (FACE).
Sequentially, growth was slower as digital lending volumes and value grew by just 6 per cent and 2 per cent.
Digital lenders in Q3 had to implement new guidelines set for them by the Reserve Bank of India (RBI), prompting experts to
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