Try GOLD - Free
Fintech lending growth slows after clampdown
Mint New Delhi
|October 08, 2025
But delinquency and deep-stage stress are still elevated, shows report
Fintech lending growth has cooled following the Reserve Bank of India’s (RBI) clampdown on unsecured lending. But risk metrics have not eased much, with delinquency and deep-stage stress remaining elevated, according to credit bureau CRIF High Mark’s latest report.
Active loans grew 25.6% year-on-year (yo-y) to ₹2.1 trillion portfolio by June, slower than the 29.6% yo-y growth when portfolios were ₹1.6 trillion in June 2024. Yet the most severe stress has risen: fintech loans that are 180 days past due (DPD) climbed to 8.6% in June 2025 from 7.1% a year ago, while DPD 91-180 edged up to 2.1% from 2.0%, and DPD 31-90 remained elevated at 2.8%.
The loan stress was highest in Delhi, followed by Uttar Pradesh, recording some of the highest delinquency rates at 3.5% and 3.4%, respectively, within the DPD 31-90 bucket as of June.
This story is from the October 08, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
ACT Fibernet up for sale; deal likely at $1 bn valuation
The owners of ACT Fibernet have decided to sell the company at a valuation of around $1 billion, three people familiar with the development said, five years after a failed deal to sell the broadband internet provider.
2 mins
April 09, 2026
Mint New Delhi
AI giants go on charm offensive to avert public backlash
Artificial-intelligence companies appear to be organizing around a simple message in the face of rising public anxiety about the negative potential effects of their world-changing technology: We come in peace.
4 mins
April 09, 2026
Mint New Delhi
TOP GLOBAL NEWS A MONTHLY WRAP
Every month, Mint's Plain Facts section tracks key global data to piece together the biggest developments shaping the world.
3 mins
April 09, 2026
Mint New Delhi
Strait stays blocked even as hundreds of ships seek transit
The Strait of Hormuz appeared to remain largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a ceasefire between the US and Iran that was announced overnight.
2 mins
April 09, 2026
Mint New Delhi
NSE begins IPO prep, meets 20 bankers
The National Stock Exchange of India (NSE) has begun preparations for its initial public offering (IPO), meeting all 20 of its investment bankers earlier this week to start drafting the offer document and outline a tentative timeline for the listing, three people aware of the matter told Mint.
3 mins
April 09, 2026
Mint New Delhi
A reflex reliefrally
The 14-day ceasefire between the US and Iran sprang Indian shares up on Wednesday, with both benchmark indices ending nearly 4% up, mirroring similar gains in other markets.
1 min
April 09, 2026
Mint New Delhi
Street hits the speed lane as ceasefire revives hope
Sensex has best day in five years, but experts cautious as relief may be temporary
3 mins
April 09, 2026
Mint New Delhi
Why does India's nuclear reactor milestone matter?
India moved closer to nuclear fuel self-reliance as its prototype fast breeder reactor in Tamil Nadu achieved criticality on 6 April, the stage of sustained nuclear reaction. This could help India achieve its target of 100GW nuclear capacity by 2047. Mint explores the development.
2 mins
April 09, 2026
Mint New Delhi
Market mayhem eats into demat additions in FY26
After two years of strong expansion, the pace of new demat account additions slowed in FY26, signalling a shift in retail investor behaviour as volatile markets and weaker returns tempered their enthusiasm.
2 mins
April 09, 2026
Mint New Delhi
DGCA orders upgrades by 2027 to make jets 5G safe
Ever found your mobile phone's signal to be patchy while waiting for a flight?
3 mins
April 09, 2026
Listen
Translate
Change font size