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.