New Delhi, April 19 -- India's small-ticket digital lending space is facing more than just regulatory pressure-it's seeing an exodus of finance chiefs. Over the past four months, at least three chief financial officers (CFO) have exited fintechs operating in the industry.

The exits come even as several of these firms are still in recovery mode, navigating valuation markdowns, tighter scrutiny from the Reserve Bank of India (RBI), and a shift in investor sentiment away from high-growth, high-risk lending plays.

"Regulatory tightening by the RBI has put added pressure on financial strategy and compliance. Second, the shift from growth to profitability has made the CFO's role more demanding. Third, many boards are pushing for governance re...