Saturday, 18 January, 2025

Fintech Startups Shift Focus Amid RBI's Crackdown On Quick Loans

Indian fintech companies are pivoting away from offering quick unsecured loans due to stricter RBI regulations. The crackdown targets predatory lending practices and unregulated digital lending platforms. Startups are now focusing on long-term financial products and building sustainable business models. The new approach emphasizes compliance, customer trust, and responsible lending to align with regulatory expectations and ensure growth in the evolving financial ecosystem.