RBI Unveils Shocking Truth: Unsecured Loans Rule Fintechs!

Folks, listen up! The RBI just revealed that a staggering 70% of fintech loans are unsecured—huge, right? Most of these loans are flying to young borrowers under 35. We're talking about a 36.1% surge in personal loans! But beware, small-ticket loans are a bit of a gamble. Fintechs are thriving, but we must stay vigilant about those pesky vulnerabilities!