Financial inclusion a reality for 1.3 billion Indians, says PM Narendra Modi in Singapore
6 years, 4 months ago

Financial inclusion a reality for 1.3 billion Indians, says PM Narendra Modi in Singapore

Hindustan Times  

Prime Minister Narendra Modi said on Wednesday that financial inclusion has become a reality for 1.3 billion Indians as he pitched India as a favourite destination for investment at the Fintech Festival in Singapore. “Financial inclusion has become reality for 1.3 billion Indians. Modi said through Aadhaar and cellphones, his government has launched Jan Dhan Yojana and opened 330 million new bank accounts in three years. So today, more than a billion biometric identities, more than a billion bank accounts and more than a billion cell phones give India by far the biggest public infrastructure in the world,” Modi said.

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History of this topic

Billionaire Uday Kotak’s Private Bank Adds Thousands of Clients
4 days, 1 hour ago

Billionaire Uday Kotak’s Private Bank Adds Thousands of Clients

Live Mint  

-- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Kotak Mahindra Bank Ltd.’s private banking unit expects to add thousands of new families to its portfolio, as it seeks to scale up to fight falling margins in India’s growing …

AI, capital, startups & reforms will drive India’s growth to $8 trillion: Infosys’ Nandan Nilekani
2 weeks, 4 days ago

AI, capital, startups & reforms will drive India’s growth to $8 trillion: Infosys’ Nandan Nilekani

Live Mint  

India’s path to an $8 trillion economy by 2035 will be unlocked by artificial intelligence, digital innovation, and deep economic reforms, says Infosys co-founder Nandan Nilekani. At Arkam Ventures' Annual Meet on 12 March 2025, Nilekani laid out "four great unlocks"—technology, capital, entrepreneurship, and formalization—that he believes can propel India's growth beyond current projections. “One of the goals of open …

Fin inclusion not just opening accounts, engagement is key: RBI Dy. Gov. Rao
1 month, 1 week ago

Fin inclusion not just opening accounts, engagement is key: RBI Dy. Gov. Rao

New Indian Express  

MUMBAI: There have been some concerns about excessive borrowing in unsecured segment and from derivative euphoria in the capital markets of late, says M Rajeshwar Rao, deputy governor, Reserve Bank of India. “However, true financial inclusion goes beyond merely having a bank account—it requires meaningful engagement with financial services,” he said, adding a bank account should serve as an entry …

Payments banks are pioneering digital financial inclusion: Airtel Payments Bank’s Biswas
2 months, 1 week ago

Payments banks are pioneering digital financial inclusion: Airtel Payments Bank’s Biswas

Live Mint  

Payments banks in India have encouraged digital financial inclusion and helped small finance banks to grow, Anubrata Biswas, managing director and chief executive of Airtel Payments Bank, said. Payments banks today touch 250 million users every month, while the small finance bank industry touches 20 million consumers who wouldn't have got credit from the traditional banks. “This $10 billion cannot …

Why fin services in India will boom and bloom
2 months, 3 weeks ago

Why fin services in India will boom and bloom

New Indian Express  

There was a cheer when India’s stock market registered the 100 millionth investor account. While that is an astounding number for most countries, it is just a fraction of the potential in India, with 1.4 billion people. However, India needs households to deploy their savings into bank deposits and equity assets. Most Indian household wealth is still in physical assets …

Gross bad assets of government banks fell from 14.58% in Mar 2018 to 3.12% in Sep 2024: Finance ministry
3 months, 2 weeks ago

Gross bad assets of government banks fell from 14.58% in Mar 2018 to 3.12% in Sep 2024: Finance ministry

Live Mint  

The government said on Thursday that policy reforms in the financial sector have restored the health of the banking sector, with the gross non-performing asset ratio of public sector banks falling to 3.12% in September 2024 from a peak of 14.58% in March 2018 and 4.97% in March 2015. The marked improvement also saw PSBs record their highest-ever aggregate net …

Over 540 million bank accounts opened under Pradhan Mantri Jan Dhan Yojana: Report
3 months, 2 weeks ago

Over 540 million bank accounts opened under Pradhan Mantri Jan Dhan Yojana: Report

Live Mint  

New Delhi: A total of 540.5 million bank accounts have been opened under the government's flagship financial inclusion scheme Pradhan Mantri Jan Dhan Yojana as of November, according to the Inclusive Finance India Report 2024. Launched on Thursday at the Global Inclusive Finance Summit 2024 in Delhi, organised by ACCESS Development Services, the report noted the accounts have a total …

‘India’s risk-taking capacity…’: At HTLS Summit, PM Modi lauds India’s booming Start-up ecosystem, Rupay cards’ success
4 months, 2 weeks ago

‘India’s risk-taking capacity…’: At HTLS Summit, PM Modi lauds India’s booming Start-up ecosystem, Rupay cards’ success

Live Mint  

Prime Minister Narendra Modi highlighted India’s economic strides and digital revolution during his address at the Hindustan Times Leadership Summit, marking 100 years of the publication. At the event, PM Modi emphasised the remarkable growth of the nation’s start-up ecosystem and the widespread adoption of the Rupay card, celebrating these achievements as milestones of India’s transformation over the past decade. …

India is set to play a big role in driving the global semiconductor industry, says PM Modi
6 months, 2 weeks ago

India is set to play a big role in driving the global semiconductor industry, says PM Modi

New Indian Express  

NEW DELHI: Prime Minister Narendra Modi announced the deepening of India's digital infrastructure, particularly India's part in the global semiconductor industry, at the inauguration ceremony of SEMICON India 2024 at India Expo Mart in Greater Noida on Wednesday. "India is set to play a big role in driving the global semiconductor industry," he added. Modi reaffirmed India's focus on creating …

10 Years Of Jan Dhan: Modi Govt Scheme For Financial Inclusion Is Great. But Where Should It Go Next?
6 months, 4 weeks ago

10 Years Of Jan Dhan: Modi Govt Scheme For Financial Inclusion Is Great. But Where Should It Go Next?

ABP News  

The PM Jan Dhan Yojana just completed 10 years. The facilities available via Jan Dhan accounts also become a benchmark for what is fair and reasonable, compelling the informal financial system to calibrate. The Direct Benefit Transfer has been a strong aspect of the Jan Dhan Yojana, but it is important to realise that no tech or process is really …

Fintech revolution in India will enhance ease of living globally, says PM Modi
7 months ago

Fintech revolution in India will enhance ease of living globally, says PM Modi

Hindustan Times  

Mumbai: Prime Minister Narendra Modi on Friday said that India’s fintech revolution has improved the quality and dignity of life in the country, adding that the ecosystem will enhance ease of living globally. Addressing the Global Fintech Fest 2024 at the Jio World Convention Centre in Bandra Kurla Complex, the prime minister said India’s adoption of fintech is unmatched worldwide …

India's fintech revolution driving global ease of living, says Modi in Mumbai
7 months ago

India's fintech revolution driving global ease of living, says Modi in Mumbai

Hindustan Times  

Mumbai: Prime Minister Narendra Modi, addressing the Global FinTech Fest in Mumbai on Friday, declared that India's fintech revolution has enhanced the quality and dignity of life, and will bring ease of living to the entire globe in the future. Modi emphasised the unique nature of India's fintech revolution, noting, "The fintech revolution of India is not only known for …

Govt taking various measures at policy level to help fintech sector: Modi
7 months ago

Govt taking various measures at policy level to help fintech sector: Modi

Deccan Chronicle  

Mumbai: Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion investments in the last 10 years, and the abolition of the Angel Tax is also a step towards the growth of the segment. Addressing the Global Fintech Fest 2024 here, the …

PM Modi at Global Fintech pavilion in Mumbai: Govt taking various measures at policy level to help fintech sector
7 months ago

PM Modi at Global Fintech pavilion in Mumbai: Govt taking various measures at policy level to help fintech sector

The Hindu  

Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over $31 billion investments in the last 10 years, and the abolition of the Angel Tax is also a step towards the growth of the segment. Addressing the Global Fintech Fest 2024, the Prime Minister also …

10 Years Of Jan Dhan: PM Modi hails success in boosting financial inclusion
7 months ago

10 Years Of Jan Dhan: PM Modi hails success in boosting financial inclusion

The Hindu  

Prime Minister Narendra Modi hailed his government’s programme of financial inclusion, the Pradhan Mantri Jan Dhan Yojana, as it completed 10 years, by penning a long post on LinkedIn on Wednesday. Jan Dhan Yojana has been paramount in boosting financial inclusion and giving dignity to crores of people,… pic.twitter.com/VgC7wMcZE8 — Narendra Modi August 28, 2024 “Access to credit was often …

PM Narendra Modi to address Global Fintech Fest on August 30 in Mumbai
7 months, 1 week ago

PM Narendra Modi to address Global Fintech Fest on August 30 in Mumbai

Business Standard  

Prime Minister Narendra Modi is likely to join the Global Fintech Fest on August 30. The event will also have representation from the country’s top regulators, including Reserve Bank of India Governor Shaktikanta Das and Securities and Exchange Board of India chief Madhabi Puri Buch. The payments system, run on the National Payments Corporation of India’s rails, has clocked 55.66 …

The impact of technology on finance: Enhancing experiences and safety
11 months, 3 weeks ago

The impact of technology on finance: Enhancing experiences and safety

Hindustan Times  

The proliferation of financial technology and digital banking services has revolutionised the financial landscape, making access to finance more convenient and inclusive. The prominence of fintech platforms and the increasing digitalisation of banks have democratised financial services, expanding access beyond metropolitan cities. There is a significant increase in instances of fraudsters posing as employees of fintech platforms, attempting to obtain …

Financial inclusion can reduce gender gaps in India
11 months, 3 weeks ago

Financial inclusion can reduce gender gaps in India

Hindustan Times  

Surpassing the United Kingdom and France, India has become the world’s fifth largest economy. PREMIUM Gender Equality {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Financial inclusion plays a crucial role in advancing the economic empowerment of women, which is a key objective outlined in the fifth Sustainable Development Goal concerning gender equality. Despite the country’s initiatives aimed at enhancing financial inclusion, significant disparities …

RBI 90 years ceremony | PM Modi calls for greater economic self-reliance, making rupee more acceptable, accessible globally
11 months, 4 weeks ago

RBI 90 years ceremony | PM Modi calls for greater economic self-reliance, making rupee more acceptable, accessible globally

The Hindu  

Prime Minister Narendra Modi on April 1 said India needs to increase its economic self-reliance in the next 10 years to mitigate the impact of global crises, and make rupee more accessible and acceptable throughout the world. Noting the achievement of the RBI in infusing rule-based discipline and fiscally prudent policies in the banking sector, the Prime Minister asked for …

Narendra Modi government nurtured a ‘billionaire raj’ more unequal than even British Raj: Congress
1 year ago

Narendra Modi government nurtured a ‘billionaire raj’ more unequal than even British Raj: Congress

The Hindu  

Citing a global report that shows inequality in India had widened, with the share of the top 1% population in national income at historically high levels in 2023, the Congress on March 20 criticised the Narendra Modi government’s policies for nurturing a ‘billionaire raj’ more unequal than even the British Raj. Alleging that Mr. Modi nurtured this ‘billionaire raj’ to …

Boosting Jan Dhan account activity: Strategy for enhanced financial inclusion
1 year, 1 month ago

Boosting Jan Dhan account activity: Strategy for enhanced financial inclusion

Live Mint  

Financial inclusion in India has traditionally been equated with the expansion of banking networks and the proliferation of bank accounts among the underserved. The Global Findex data from 2021 provides an insightful snapshot into India's evolving financial inclusion landscape, marked by significant digital adoption and changing saving and borrowing behaviors. According to Findex, India experienced a slight percentage decline in …

Bank of America expects India fundraising to be busier than ever
1 year, 1 month ago

Bank of America expects India fundraising to be busier than ever

Live Mint  

Fundraising activity in India will be stronger than ever over the next two years as conglomerates, tech firms and financial services providers hunt for capital to fuel growth and owners seize the moment to sell holdings, Bank of America Corp.’s co-head of investment banking in the country said. Reliance Industries Ltd., controlled by Asia’s richest person Mukesh Ambani, has been …

Promoting Financial Inclusion To Boosting Small Businesses: Key Expectations Of Fintech Industry From Budget 2024
1 year, 2 months ago

Promoting Financial Inclusion To Boosting Small Businesses: Key Expectations Of Fintech Industry From Budget 2024

ABP News  

By Roshan Shah The onset of the New Year is accompanied by hopes and expectations associated with the interim Budget. While the past year, the sector experienced regulatory reforms that helped drive the sector’s growth, this year, the market expects the Budget's focal point to be actively promoting financial inclusion in the country. Accelerate digital payments, promote innovation, and reduce …

World Bank Praises India's Digital Public Infrastructures
1 year, 6 months ago

World Bank Praises India's Digital Public Infrastructures

Deccan Chronicle  

New Delhi: Lauding India’s Digital Public Infrastructures approach, the World Bank has stated that India has achieved in just six years under the Narendra Modi-led government what would have otherwise taken about five decades. "In just six years, India has catapulted its financial inclusion rate from 25 per cent in 2008 to over 80 per cent of adults, according to …

G20: World Bank Lauds India's Transformative Impact Of Digital Public Infra
1 year, 6 months ago

G20: World Bank Lauds India's Transformative Impact Of Digital Public Infra

ABP News  

The World Bank has praised India's transformative impact of Digital Public Infrastructures in the past decade under the Narendra Modi-led government. Prime Minister Narendra Modi on Friday tweeted about the World Bank’s G20 document where the global agency lauded India’s leap in financial inclusion. This monumental leap shortened the journey towards financial inclusion by up to 47 years, a feat …

G20 Summit: 5 Charts on How India Got Almost Half a Billion People Into the Banking System
1 year, 6 months ago

G20 Summit: 5 Charts on How India Got Almost Half a Billion People Into the Banking System

News 18  

In his maiden Independence Day speech as Prime Minister on August 15, 2014, Narendra Modi broke convention by speaking extempore for 65 minutes. As the International Monetary Fund noted in a 2021 working paper, the excitement accrued from the fact that the introduction and expansion of the Jan-Dhan Yojana “coincided with a period of rapid increase in financial access, in …

World Bank lauds India's digital infra impact: 'Five-decade journey in 6 years'
1 year, 6 months ago

World Bank lauds India's digital infra impact: 'Five-decade journey in 6 years'

Hindustan Times  

The World Bank has lauded the transformative impact of Digital Public Infrastructures in India in the past decade under the Narendra Modi-led government. The document, prepared by the World Bank as part of the G20 Global Partnership for Financial Inclusion, highlighted the measures taken by the Modi government and the pivotal role of government policy and regulation in shaping the …

'Five decades journey in just six years...': World Bank applauds India, PM Modi acknowledges it
1 year, 6 months ago

'Five decades journey in just six years...': World Bank applauds India, PM Modi acknowledges it

India TV News  

The World Bank stated that India's digital public infrastructure has had a profound impact that goes well beyond financial inclusion. The World Bank's praises come as India has developed some of the best digital public goods infrastructure, which has the potential to transform lives all across the world. World Bank document hails Indian govt's policy The World Bank document, prepared …

‘Significant milestone’, says PM Modi as Jan-Dhan accounts cross 500 million
1 year, 7 months ago

‘Significant milestone’, says PM Modi as Jan-Dhan accounts cross 500 million

Hindustan Times  

Prime Minister Narendra Modi on Saturday said it is a “significant milestone” that the flagship scheme for financial inclusion – Pradhan Mantri Jan-Dhan Yojana – has crossed 500 million, with 56% of bank accounts belonging to women and 67% of those opened in rural and semi-urban areas. Prime Minister Narendra Modi Read here: PM Modi focused on unorganised sector to …

Google to open fintech operation centre in Gujarat: Sundar Pichai after meeting PM Modi in White House
1 year, 9 months ago

Google to open fintech operation centre in Gujarat: Sundar Pichai after meeting PM Modi in White House

India TV News  

Google to open fintech operation centre in Gujarat: Sundar Pichai after meeting PM Modi in White House We are announcing the opening of our global fintech operation centre in GIFT City, Gujarat. PM’s vision for Digital India was way ahead of his time I now see it as a blueprint that other countries are looking to do, said Google CEO …

PM Modi focused on unorganised sector to push growth: Union MoS
1 year, 9 months ago

PM Modi focused on unorganised sector to push growth: Union MoS

Hindustan Times  

Hailing the nine years of prime minister Narendra Modi-led government, Union minister of state for foreign affairs and culture Meenakshi Lekhi said the Modi government’s policies have pushed India on the path of growth. Within four months of coming to power, the prime minister ensured 53 crore more bank accounts were opened, out of which 48 crore were ‘Jan Dhan’ …

Open banking is helping revolutionize access to credit
1 year, 10 months ago

Open banking is helping revolutionize access to credit

Live Mint  

Despite India’s micro, small and medium enterprises contributing about a third of the country’s gross domestic product and employing over 110 million people, they struggle to access and afford credit. For instance, let us look at the sustained efforts to boost the adoption of the Account Aggregator network—the independent entity that facilitates secure and consent-based financial data-sharing between customers and …

Digital payments ecosystem transformed governance, financial inclusion in India: PM Modi at G20 meeting
2 years, 1 month ago

Digital payments ecosystem transformed governance, financial inclusion in India: PM Modi at G20 meeting

India Today  

India’s digital payments ecosystem has radically transformed governance and financial inclusion over the past few years, said Prime Minister Narendra Modi while addressing the G20 Finance Ministers' and Central Bank Governors' Meeting. Our digital payments ecosystem has radically transformed governance, financial inclusion and ease of living,” said PM Modi. READ | Budget 2023 will make India leading player in global …

Digital transactions to soon exceed cash in India: PM Modi
2 years, 1 month ago

Digital transactions to soon exceed cash in India: PM Modi

Deccan Chronicle  

New Delhi: As people take to India’s real-time payment mechanism, the Unified Payments Interface, Prime Minister Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash payments in the country. Besides, the linkage will also help migrant workers, professionals, students and their families as well," Mr Modi said, while launching the service at a virtual event through …

Budget 2023: Fintech Industry Eyes More Clarity On Existing Regulations, Streamlining Process For Obtaining Licenses
2 years, 2 months ago

Budget 2023: Fintech Industry Eyes More Clarity On Existing Regulations, Streamlining Process For Obtaining Licenses

ABP News  

The fintech industry has experienced tremendous growth in recent years, and it is expected to continue to play a significant role in the financial sector in the coming years. More Investments Opportunities: Another expectation is for the government to invest in infrastructure and new technologies such as artificial intelligence, blockchain, and machine learning that will support the growth of the …

Fintech 2.0 in 2023: Can India unlock next level
2 years, 5 months ago

Fintech 2.0 in 2023: Can India unlock next level

Firstpost  

The FinTech industry has grown exponentially, and the wave of changes brought in by fintech has profoundly impacted financial inclusion and penetration. It has also been beneficial since a country like India caters to a large population, so it requires advanced technology FinTech has become such an integral part of the financial services ecosystem over the past few years, that …

PM Modi inaugurates 75 Digital Banking Units in as many districts across nation
2 years, 5 months ago

PM Modi inaugurates 75 Digital Banking Units in as many districts across nation

India TV News  

Digital Banking Units: Prime Minister Narendra Modi on Monday, October 24, dedicated 75 Digital Banking Units in as many districts across the country to mark and celebrate India's 75th anniversary of independence. These include wide range of services such as - fund transfers, account opening, fixed deposit and recurring deposit opening, digital loan availment, passbook printing, balance inquiries, and cash …

Shift from phone banking to digital banking put India on sustained growth path: PM
2 years, 5 months ago

Shift from phone banking to digital banking put India on sustained growth path: PM

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi on Sunday attributed India's sustained economic growth to the efforts of the BJP government to replace pre-2014 'phone banking' with 'digital banking'. The economic progress of a country is directly linked to the strength of its banking system, he said after dedicating 75 Digital Banking Units to the nation. The banking sector has become …

India's banking sector becomes medium of good governance, better service delivery: PM Modi at DBUs launch
2 years, 5 months ago

India's banking sector becomes medium of good governance, better service delivery: PM Modi at DBUs launch

India TV News  

Highlights PM Narendra Modi said banking sector has become vehicle for good governance PM today dedicated 75 Digital Banking Units to the nation via video conferencing Finance Minister Nirmala Sitharaman, RBI Guv Shaktikanta Das also attended the launching ceremony Digital Banking Units: Emphasizing India's strides towards financial inclusion and digital economy, Prime Minister Narendra Modi on Sunday said the banking …

2nd UNWGIC: Technology, talent two pillars of India’s development journey, says PM Modi
2 years, 5 months ago

2nd UNWGIC: Technology, talent two pillars of India’s development journey, says PM Modi

India TV News  

2nd UNWGIC: Prime Minister Narendra Modi on Tuesday said technology and talent are two pillars of India’s development journey and emphasised on the importance of technology as an agent of inclusion in the country. In a video message to the Second United Nations World Geospatial Information Congress-2022 being held here, the Prime Minister said the country has been working on …

There Is A Fintech Revolution Happening In India, And These Are The Factors Driving The Industry
2 years, 6 months ago

There Is A Fintech Revolution Happening In India, And These Are The Factors Driving The Industry

ABP News  

India has the highest adoption rate of any country in the world when it comes to financial technology, and this has ushered in a new age for the sector. Fintech's meteoric rise can be attributed to a confluence of factors, including technological advancements, altering social mores, and a regulatory climate that encourages innovation. The India stack and other forms of …

Indian FinTech market to reach $1 trillion by 2030, says CEA
2 years, 6 months ago

Indian FinTech market to reach $1 trillion by 2030, says CEA

The Hindu  

“India is among the fastest growing fintech markets in the world with a market size of $31 billion in 2021 that is expected to reach $1 trillion by 2030,” said V. Anantha Nageswaran, Chief Economic Advisor of India, Ministry of Finance, Government of India. “The next wave in the fintech sector could be the cash flow lending to MSMEs using …

‘In line with US, UK’: PM hails India’s achievement in global financial sector
2 years, 8 months ago

‘In line with US, UK’: PM hails India’s achievement in global financial sector

Live Mint  

Prime Minister Narendra Modi on Friday launched India's first international bullion exchange in Gandhinagar. At the event PM Modi hailed Indian in the same league as USA, UK and Singapore in terms of global financial sector. The event that is being hosted by International Financial Services Centres Authority, under the aegis of the Government of India in collaboration with GIFT …

India accounts for 40% of global digital payments: PM Modi at the launch of country's first bullion exchange in Gujarat
2 years, 8 months ago

India accounts for 40% of global digital payments: PM Modi at the launch of country's first bullion exchange in Gujarat

Firstpost  

The exchange will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India New Delhi: “India accounts for 40 percent of total global digital payments in the world,” PM Narendra Modi said as he inaugurated India’s first international bullion exchange at GIFT City in Gujarat on Friday. …

India Now Stands In League Of US, UK, Singapore In Global Financial Sector: PM Modi In Gandhinagar
2 years, 8 months ago

India Now Stands In League Of US, UK, Singapore In Global Financial Sector: PM Modi In Gandhinagar

ABP News  

Prime Minister Narendra Modi on Thursday said that India now stands in league of countries such as United States of America, United Kingdom and Singapore where new trends in global financial sector are shaped. Today India alone has 40 per cent share in real-time digital payments all over the world," PM Modi said. https://t.co/I5arK3N000 — Narendra Modi July 29, 2022 …

We are well placed to let fintech lead the success of Digital India
2 years, 8 months ago

We are well placed to let fintech lead the success of Digital India

Live Mint  

From a 6.6% contraction in 2020-21, the Indian economy recorded a sharp rebound of 8.7% growth in 2021-22, by provisional estimates. The Niti Aayog report, India’s Booming Gig and Platform Economy, has underscored the role of fintech and a regulatory sandbox regime in helping India achieve its $5 trillion target. Broadly, the fintech sector is regulated under five regulations: the …

India’s fintech ecosystem restores people’s faith in democracy: MoS IT
2 years, 8 months ago

India’s fintech ecosystem restores people’s faith in democracy: MoS IT

Live Mint  

India’s fintech ecosystem has helped the nation in rebuilding the trust between the government and citizens, transforming lives and restoring people’s faith in democracy, said Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. The minister highlighted the expansion of startups and digital ecosystem in India on the closing day of the FinTech Festival India in New Delhi …

Fintech has helped plug corruption, leaks in financial disbursements: Minister
2 years, 8 months ago

Fintech has helped plug corruption, leaks in financial disbursements: Minister

Live Mint  

BENGALURU: India’s fintech ecosystem has helped rebuild the trust between the citizens and the government, transform lives and restore faith in democracy, said Rajeev Chandrasekhar, Union minister of state for electronics and information technology, on Friday. But today, there is no leak or scope for corruption as the beneficiaries get their amounts due straight in their Jan Dhan accounts and …

Union Budget 2022: Fintech Industry Eyes Greater Credit Access To MSMEs
3 years, 2 months ago

Union Budget 2022: Fintech Industry Eyes Greater Credit Access To MSMEs

ABP News  

New Delhi: As Finance Minister Nirmala Sitharaman will be presenting the Union Budget 2022 on February 1, the Indian fintech industry is eyeing more opportunities and allocations, while simultaneously vying to soften the blows from the Covid-19 pandemic. Here are some of the expectations of the fintech industry from the Union Budget: Dilip Modi, founder, Spice Money The fintech industry …

PM Modi talks of India's ‘bouquet of hope’ at World Economic Forum
3 years, 2 months ago

PM Modi talks of India's ‘bouquet of hope’ at World Economic Forum

Hindustan Times  

Prime Minister Narendra Modi on Monday virtually addressed the World Economic Forum, Davos Agenda, wherein he spoke about the country's bouquet of hope. Prime Minister Narendra Modi addressing at the World Economic Forum's Davos Agenda via video conferencing, in New Delhi on Monday. “Though India constitutes 70 per cent of the global population that takes up power commission of only …

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