Over the last few years, online personal loans have become very popular in India and are taking over the financial industry. There is an evident shift in the consumer mindset and tailored government initiatives have made the entire process consumer and business-friendly. As per the RBI, online personal loan lending in India increased from INR 11,671 crore to INR 1,41,821 crore. So, if you too are wondering how this rise is disrupting the financial industry, let’s find out. The paradigm shift in the finance industry If you have read personal loan testimonials, especially on IndusInd Bank’s site, you will come…