Digital lending to pip traditional lending in unsecured loans segment by 2030: Report
Fintechs will fuel digital lending over the next seven years, and take it ahead of traditional lending by 2030 in the unsecured loans category, a credit information company said. This will be driven by deeper inroads being made in the unsecured small-ticket size segment as well as the secured collateral-based high-ticket size market, the report by Experian India said. The company said it analysed the role of fintech-led digital lending to arrive at the predictions on the unsecured lending front, where lending happens…