![India's central bank ban on loading non-bank prepaid payment instruments using credit lines has created panic among Indian fintech startups (Manish Singh/TechCrunch) India's central bank ban on loading non-bank prepaid payment instruments using credit lines has created panic among Indian fintech startups (Manish Singh/TechCrunch)](https://karkey.in/wp-content/uploads/http://www.techmeme.com/220626/i2.jpg)
Manish Singh / TechCrunch:
India’s central bank ban on loading non-bank prepaid payment instruments using credit lines has created panic among Indian fintech startups — Fintech startups in India have raised over $15 billion from high-profile foreign investors in the past two years. — For nearly all fintech startups, lending has long been the end game.
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