India's digital lending market worth $270 bln in 2022, disbursement grew by 11% : Reports

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India's digital lending market worth $270 bln in 2022, disbursement grew by 11% : reports

28 Jan 2023

1 min read

Additionally, disbursement in the Indian lending market witnessed a growth of 11 percent and reached Rs 174 trillion in FY22, compared to Rs 11.4 trillion in FY1 17, with a record growth of CAGR 72 percent. The disbursement is further expected to grow and reach Rs 274 trillion in FY26 registering a growth of CAGR percent, revealed a report by Praxis Global Alliance.

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India's digital lending market worth $270 bln in 2022, disbursement grew by 11% : Reports | PraxisGA