Time for fintech NBFCs to revisit business models, says India Ratings

India Ratings has suggested that fintech non-banking financial companies (NBFCs) revisit their business models to adapt to changing market conditions. The recommendation reflects the evolving landscape of fintech and the need for NBFCs to innovate and respond to regulatory and economic pressures. Revisiting business models is crucial for maintaining competitiveness and ensuring sustainable growth in the rapidly changing financial technology sector.