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HomeNewsBusinessStartupFintech NBFCs: Karma of unsecured lending bites in 2024; face rising NPAs, crumbling asset quality

Fintech NBFCs: Karma of unsecured lending bites in 2024; face rising NPAs, crumbling asset quality

The RBI tightened the screws on unsecured lending in the last 15 months, compelling the sector, especially medium digital lenders backed by NBFC parents, to rethink their aggressive lending playbook, while managing delinquencies and cost.

December 27, 2024 / 15:41 IST
Fintech NBFCs: Karma of unsecured lending bites in 2024; face rising NPAs, crumbling asset quality

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