/
•
•
Beyond the grandeur of the industry’s three-day shindig lie several challenges for India’s fintech ecosystem.

The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.
Its lending business is doing the heavy lifting while payments and asset management lag, raising questions over its full-stack narrative.
The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.