fintech credit disbursal: Fintech players disbursed nearly Rs 34,000 crore in Q3 FY24, up 46% on year:
Despite regulatory challenges in the fintech lending sector, members of the Fintech Association for Consumer Empowerment (Face) disbursed Rs 33,922 crore in loans in the third quarter of FY24, a 46% increase over the same period last year, according to a report.The ninth issue of ‘Facets’ presented insights into the disbursement trends for the quarter from 37 members of Face, indicating a 12% growth in disbursing volume to 2.5 crore in the same period. Also, the average ticket size for loans disbursed stood at Rs…