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Rapid Growth and Emerging Trends India’s fintech sector, particularly digitally driven Non-Banking Financial Companies (NBFCs), continues to witness impressive expansion. According to a new report by TransUnion CIBIL , the sector is now entering a transformative phase centered around product diversification, enhanced risk management practices, and deeper financial inclusion. As of December 2024, fintech lenders reported an outstanding loan balance of ₹1.3 trillion—reflecting a 32% year-on-year increase. While fintechs currently contribute only about 1% of the total outstanding industry loan balances, their influence is dominant in specific loan categories, particularly Small Ticket Personal Loans (STPLs) . Dominance in STPL Market Fintech lenders have captured a striking share of the STPL market. Nearly 89% of personal loans under ₹50,000 were originated by fintech lenders, showcasing their dominance in the micro-credit space. This trend aligns with the industry’s push to cater...

SBI Predicts Another RBI Rate Cut by April If Inflation Remains Favourable The State Bank of India (SBI) has projected that the Reserve Bank of India (RBI) may announce another rate cut as early as April 2025 , provided inflation continues to move in a favourable direction. This statement aligns with the RBI’s commitment to long-term price stability and sustained economic growth . According to SBI Research , the Monetary Policy Committee (MPC) has been closely monitoring inflation trends, especially food inflation , which remains a key concern. Despite positive indicators such as strong kharif production and easing vegetable prices , risks from adverse weather conditions persist. RBI’s Inflation Forecast and Policy Outlook 📉 The RBI has retained its FY25 inflation forecast at 4.8% , with Q4 inflation projected at 4.4% . 📉 For FY26, Consumer Price Index (CPI) inflation is estimated at 4.2% , signaling optimism for price stability. The MPC recently lowered the repo rate by 25 bas...