
India’s Fintech sector projected to grow with focus on product expansion, risk control, and inclusion
India’s Fintech industry is growing with emphasis on safer lending, financial inclusion, and better risk control, according to a recent TransUnion CIBIL report.Fintech-led non-banking financial companies (NBFCs), which operate mainly through digital platforms, had an outstanding loan book of Rs 1.3 trillion by December 2024. This represents a sharp 32% year-on-year growth. Despite holding just…