Chennai, March 30 -- The personal loan portfolio of digital non-banking financial companies (NBFCs) is expected to exceed Rs 3.6 lakh crore by FY30, registering a robust CAGR of 26-28% between FY25 and FY30, according to a report by CARE Ratings.
The growth outlook remains strong, driven by rising digital penetration and the steady expansion of borrower segments, the report said.
As per Fintech Association for Consumer Empowerment (FACE) data, as of Sep-25, the outstanding personal loan portfolio of digital NBFCs reached Rs. 1.3 lakh crore compared to Rs. 0.6 lakh crores as of Mar-23, reflecting twofold over 2.5 years, the report notes.
Digital NBFCs witnessed a modest uptick in average ticket size from Rs. 12,967 in FY23 to Rs 15,177 in...