Personal loans

Unlocking Financial Freedom: How Personal Loan Growth in India is Changing the Game

Personal Loans in India soar with a 33% CAGR over four years, outpacing credit growth. NBFC Tracker Report by Mazars in India reveals insights into the sector amidst RBI’s regulatory changes. Rahul Singhal, S.N. Dhawan & CO LLP expert, highlights the pivotal shifts in NBFC landscape due to RBI’s strategic regulatory actions. As we approach April 1, 2024, cybersecurity becomes crucial for operational resilience. The NBFC sector faces a dynamic landscape with digital transformation and innovative funding opportunities.

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