Digital lenders disburse 3 crore loans worth Rs 37,000 crore in Q2FY25: FACE

Digital lenders disbursed 3 crore loans valued around Rs 37,000 crore by September quarter-end. Growth moderated to 19% compared to 44% last year. 34 FACE member companies participated. Total disbursements reached Rs 69,863 crore in the first half. Average loan size was Rs 10,891, with most loans between Rs 10,000 - Rs 25,000.