Fintech’s may feel the heat as RBI moves to curb unsecured consumer loans – Money Control

Over the past year, big fintech players have reported tremendous growth on the back of robust credit disbursal by top tier NBFCs and banks, but the RBI directive is likely to impose a credit squeeze on these startups. Consumer lending startup Kreditbee founder Madhusudan E told Money control that in the short term only those who have overleveraged lending partners will be impacted.