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RBI Breaks Down Fintechs' Unsecured Loan Hustle

RBI Breaks Down Fintechs' Unsecured Loan Hustle

Yo, listen up: RBI just dropped some knowledge, sayin' over 70% of them fintech loans be unsecured, mostly for the young guns under 35. These smooth operators are flexin' in retail lending, with personal loans risin' up like dough, but small loans got a bit more risk, so keep it tight, g.

Quick rundown

  1. Unsecured loans dominate fintech portfolios.
  2. Young borrowers are the primary recipients of fintech loans.
  3. Fintech lending in the NBFC sector is on the rise.
  4. Personal loans drive fintech growth significantly.
  5. Asset quality in fintech loans shows improvement despite rapid credit expansion.

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