Loan growth may moderate in FY24, RBI may take a long pause over rate hikes: Andromeda

Andromeda observed three major trends across the three geographical vertical of the country. Kapoor said that the average ticket size of loans is increasing in metro cities, while the number of files or applications in increasing Tier-I and Tier-II cities. Even in the Teir III and Tier IV cities, there is an aspiration to upgrade their lifestyles.