The Reserve Bank of India lowered the benchmark repo rate by 25 basis points to 6.25%, the lowest in 6 years, in an effort to stimulate the economy despite inflation forecasts slightly above target. New guidelines on stressed assets will allow banks to classify only the unsustainable part of restructured loans as bad, providing relief to banks burdened by bad loans. Fintech startups are positioning themselves to gain business from banks and financial institutions that are struggling to keep up with growing online markets, by offering services like easy EMI payment options directly on e-commerce sites. Delinquencies in loans against property (LAP) are expected to rise above 5% over the next four quarters, with non-banking financial companies facing more