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Tier 2, 3 Indian cities saw _____% growth in loan applications in 2022.
A)
139%
B)
151%
C)
162%
D)
178%

Correct Answer :   162%


According to Prodigy Finance’s Study Abroad Insights Report 2022, its services have received significant growth in Tier 2 and Tier 3 regions in India, where they saw an uptick of 162%.

* Cities like Hyderabad, Mumbai, Bengaluru, Delhi, and Chennai have the highest number of loan applications in 2022.

* In Tier 1 cities, Delhi saw a massive increase of 237% followed by Hyderabad.

* Tier 2 and Tier 3 cities witnessed a growth of an average of 53% and 109% respectively..

Source : Financial Express

Published On : April 21, 2023
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