Fintech lenders now dominate India's small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expansion, however, comes with rising delinquencies, reaching 6.4% for fintechs, significantly higher than banks and NBFCs. A large portion of these loans are unsecured and target younger borrowers, signaling increased risk in this fast-growing segment.

Fintech lenders now dominate India's small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expansion, however, comes with rising…

Fintech firms’ small ticket personal loan defaults rose to 6.4% in March from a little over 4% in March 2024 signalling potential asset quality risks, according to Reserve Bank of…