The RBI s recent actions on certain fintech businesses have sparked debate. Is it a necessary clean-up or an excessive crackdown? Host Anurpiya Nair explores this hot topic as she delves into the recent strict orders and what it means for the future of fintech in India. Is this a positive step towards a healthier financial ecosystem, or an unnecessary hurdle for innovation? Listen to R Gandhi, Former, Deputy Governor of Reserve Bank of India, Abizer Diwanji, Head, Financial Services at EY, and Pratish Kumar, Partner, JSA Advocates & Solicitors for a nuanced discussion on the evolving relationship between the RBI and fintech businesses on The Morning Brief podcast!
India has recognized 92,683 startups since the launch of the Startup India initiative, according to government statistics. While venture capitalists are a preferred source of funding for many, some startups rely on fintech lending to bootstrap their companies.