Fintech projected to grow with focus on product expansion, risk control, inclusion

India's Fintech industry is experiencing substantial growth, particularly in small-ticket personal loans, with Fintech lenders originating 89% of loans under Rs 50,000. While expanding into secured loans and underserved markets, Fintechs face challenges in building customer loyalty beyond STPLs and managing rising delinquencies in business and property loans. Diversifying products and strengthening risk management are crucial for sustainable growth.