India's microfinance market is migrating to higher value loans highlighting a structural transformation in ticket size composition as lenders now keen to lend more to existing borrowers with a good repayment record, according to a fresh set of microfinance data released Monday. The average ticket size has climbed to its highest-ever level of Rs 61,253, up 16% year-on-year, reflecting a cumulative shift toward higher-value lending. The microfinance report, jointly published by Equifax India and Small Industries Development Bank of India, showed that loans above Rs 75,000 now contribute 38% of the total disbursement value, up from 25% the previous year.