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HomeNewsOpinionColder-for-Longer: Fintechs must realise that the time for reckoning is nigh

Colder-for-Longer: Fintechs must realise that the time for reckoning is nigh

Many fintechs are struggling to bring down costs and, in the absence of fresh capital infusion, some of them may even have to shut shop. This consolidation is not yet evident but is likely to play out during 2024

RBI has warned against unsecured loans, some of which has been fuelled by fintechs.

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