65% of borrowers sought for loans for the first time while 35% of them bought consumer durables such as refrigerators or washing machines on credit. Average ticket size of personal loans diminished by 40% between FY17 and FY21 from RS. 2.4 lakh to Rs 1.5 lakh.source https://economictimes.indiatimes.com/industry/banking/finance/banking/this-is-how-young-adults-are-driving-up-the-personal-loan-market-in-india/articleshow/85865144.cms
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