As RBI frowns, fintechs pivot to secured loans

Facing tighter regulations on unsecured lending, digital lenders in India are shifting towards secured options like property and business loans. This transition involves increased physical verification and collateral checks, prompting some lenders to adopt 'feet-on-the-street' approaches and explore physical branches. The move follows RBI's concerns over risks in the unsecured lending segment, particularly personal loans.
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