Gujarat: 25% rise in personal loan ticket size in Covid year, says report
TNN / Oct 09, 2021, 04:46 (IST)
With people battling income shortage after the lockdown of 2020, the uptakes of personal loans went up, along with the average ticket size. According to a report by credit bureau, CRIF Highmark, personal loan ticket size in Gujarat went up 25% in the pandemic year. Personal loan ticket size extended by non-banking finance companies (NBFCs) went up from Rs 77,280 in 2019-20 to Rs 96,390 in 2020-21.