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Business StandardITNewspapers

A day after RBI curbs on NBFCS: Fintechs may face temporary disruption

Binu Mathew
By Binu MathewOctober 19, 2024

The Reserve Bank of India’s (RBI’s) action on two non-banking financial companies (NBFCs) on Thursday could temporarily disrupt disbursements for fintech companies that have been sourcing customers for these firms.

The disruption for fintech companies is expected to be temporary, thanks to their multiple partnerships beyond just NBFCs.

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