India’s Personal Loan Market Is Changing. Not All For The Good

Getting a personal loan has never been easier. A few clicks are all you need. Offers from banks and non-banks crowd your screen. And no-cost-EMIs mean your interest cost may be limited.The result is that a larger number of personal loans are getting processed, of smaller sizes, and by younger borrowers. That’s according to a study by credit bureau CRIF High Mark, which was released on Tuesday.The number of personal loans sourced per ...