Govt taking various measures at policy level to help fintech sector: Modi
3 months, 3 weeks 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 Prime Minister also asked the regulators to take more measures to stop cyber frauds and further increase digital literacy among people. The Prime Minister also said that in the last 10 years, the fintech space has attracted investments of more than USD 31 billion and fintech startups have grown by 500 per cent. Speaking at the event, RBI Governor Shaktikanta Das said, digital technologies have been instrumental in expanding financial inclusion, improving efficiency and enabling real time services across the country.

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History of this topic

‘India’s risk-taking capacity…’: At HTLS Summit, PM Modi lauds India’s booming Start-up ecosystem, Rupay cards’ success
1 month, 1 week 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. …

Fintech revolution in India will enhance ease of living globally, says PM Modi
3 months, 3 weeks 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
3 months, 3 weeks 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 …

PM Modi at Global Fintech pavilion in Mumbai: Govt taking various measures at policy level to help fintech sector
3 months, 3 weeks 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 …

Maharashtra Minister announces red carpet for MSMEs, startups
4 months ago

Maharashtra Minister announces red carpet for MSMEs, startups

Hindustan Times  

Mumbai, Maharashtra minister for industries Uday Samant promised to roll out red carpet for projects of small and medium businesses and startups at par with ultra mega projects, as the state looks to transform Mumbai into a global fintech hub. Maharashtra Minister announces red carpet for MSMEs, startups {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Samant inaugurated an exhibition at the 9th Global …

The impact of technology on finance: Enhancing experiences and safety
8 months, 1 week 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 …

Fintech grownups: Experience meets innovation
1 year, 1 month ago

Fintech grownups: Experience meets innovation

Hindustan Times  

We live in an era of continuous opportunity and transformation as innovations like blockchain, Artificial Intelligence and the cloud rewrite how people transact, work, commute and live. With benefits like first-mover advantage and a deep history of client engagement, these fintech grownups are thus ideally situated to understand key market challenges and deliver intelligent solutions. Several key aspects contribute to …

Digital Banking To Crypto To KYC: Fintech Is Reshaping Finance, Can Beat Disruptions With 5 Principles
1 year, 1 month ago

Digital Banking To Crypto To KYC: Fintech Is Reshaping Finance, Can Beat Disruptions With 5 Principles

ABP News  

By Vinod K Singh In the past half-decade to a decade, we've borne witness to a remarkable technological transformation, encompassing a broad spectrum that includes, though is certainly not confined to, the ascent of the Internet of Things, cloud computing, blockchain, cryptocurrencies, artificial intelligence, and machine learning. Fintech pioneers are engineering innovative solutions that streamline processes, heighten customer experiences, and …

World Bank lauds India's digital infra impact: 'Five-decade journey in 6 years'
1 year, 3 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 …

PM Modi urges G20 nations to push for secure digital future
1 year, 4 months ago

PM Modi urges G20 nations to push for secure digital future

Hindustan Times  

Prime Minister Narendra Modi urged G20 countries on Saturday to focus on technology that can “lay the foundations for an inclusive, prosperous and secure” global digital future, as he addressed a ministerial gathering on digital economy in Bengaluru. Prime Minister Narendra Modi addresses the G20 Digital Economy Ministers' meeting in Bengaluru. Union minister for electronics and information technology, Ashwini Vaishnaw, …

India-America Tech-tonic Relations: How PM Modi pivoted relations on technology, innovation in address to US Congress
1 year, 6 months ago

India-America Tech-tonic Relations: How PM Modi pivoted relations on technology, innovation in address to US Congress

Firstpost  

In his speech to the Joint Sitting of the US Congress, PM Modi said that India’s relations with US is not just mutually beneficial to the two countries, but serves a larger purpose When India grows, the world grows and so does the US - this seemed the be the central aspect of Prime Minister Narendra Modi’s address to the …

India is now a digital economy: Union Minister
1 year, 6 months ago

India is now a digital economy: Union Minister

Deccan Chronicle  

KAKINADA: Union Minister of state for external affairs V. Muraleedharan underlined that during the past nine years, Prime Minister Narendra Modi has transformed India into a digital economy. Interacting with intellectuals at Rajamahendravaram on Sunday to mark completion of Modi’s nine-year rule, he provided details of development and efficient governance in the country. Speaking on the occasion, ex-serviceman Jasti Murthy …

At roundtable, PM Modi invites CEOs to tap into investment opportunities in India
1 year, 6 months ago

At roundtable, PM Modi invites CEOs to tap into investment opportunities in India

Hindustan Times  

NEW DELHI: Prime Minister Narendra Modi on Wednesday invited Australia’s leading business to tap investment opportunities in India in key areas such as infrastructure, fintech, telecommunications, semiconductors, and renewable energy. Prime Minister Narendra Modi attends the roundtable with Business Leaders in Sydney on Wednesday Modi highlighted his government’s economic reforms and initiatives for ease of doing business and boosting economic …

Fintech innovation could mean the end of traditional business banking
1 year, 7 months ago

Fintech innovation could mean the end of traditional business banking

The Independent  

Paysend is a Business Reporter client. Pioneering fintechs and a changing customer landscape pose a serious threat to traditional business banks – especially when serving SMEs. At the same time, the biggest banks’ lack of market dynamism and aversion to risk meant they were slow off the mark in developing new services based on the latest technology and changing customer …

Digital tech will reach everyone in society: PM Modi
1 year, 9 months ago

Digital tech will reach everyone in society: PM Modi

Deccan Chronicle  

New Delhi: Prime Minister Narendra Modi on Tuesday said that India of the 21st century is constantly empowering its citizens with the use of technology. Addressing a post-budget webinar on "Unleashing the Potential: Ease of Living Using Technology", fifth in a series of 12 post-budget webinars, the Prime Minister said that India is constantly empowering its citizens with the use …

PM Modi: Current digital finance innovations may lead to destabilisation
1 year, 9 months ago

PM Modi: Current digital finance innovations may lead to destabilisation

India Today  

Prime Minister Narendra Modi on Friday held a virtual meeting with the finance ministers and the central bank governors under India's G20 presidency to address the important issues related to banking and payments. In order to reduce the risks of destabilisation and misuse posed by innovation in digital finance, the Prime Minister urged G20 members to create rules and laws …

Digital payments ecosystem transformed governance, financial inclusion in India: PM Modi at G20 meeting
1 year, 9 months 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 …

Budget 2023: An Effort To Enable Environment for Inclusive Growth of Fintech, Payments Sector
1 year, 10 months ago

Budget 2023: An Effort To Enable Environment for Inclusive Growth of Fintech, Payments Sector

News 18  

Union Finance Minister Nirmala Sitharaman on February 1 presented the first Budget of ‘Amrit Kaal’, which envisions a prosperous and inclusive India, as we move towards 100 years of independence. Increase in outlay is also important to incentivise and compensate financial institutions and payment service providers as they absorb losses to create and maintain large infrastructure for the payment rails …

Digital transactions to soon exceed cash in India: PM Modi
1 year, 10 months 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 …

Fintech-Driven Digital Lending To Bridge Credit Gap In India, Says Report
1 year, 10 months ago

Fintech-Driven Digital Lending To Bridge Credit Gap In India, Says Report

News 18  

The fintech revolution is likely to spur digital lending in India, which is expected to surpass traditional avenues of lending by 2030. This will be driven by deeper inroads being made in the unsecured small-ticket size segment and the secured collateral-based high-ticket size market, according to the latest white paper Fintech-led Digital Lending: Coming of Age by Experian India in …

Budget 2023-24 Expectation: Boost liquidity flow to fintech and smaller NBFCs
1 year, 10 months ago

Budget 2023-24 Expectation: Boost liquidity flow to fintech and smaller NBFCs

Firstpost  

The new-age technology has fuelled the fintech industry’s rapid growth and expansion in recent years. Using the current user base to distribute new financial products and broadening the addressable market from digital to ‘phygital’ is likely to bring about the necessary business model modifications for a relatively mature and durable fintech industry. Flexible corporate laws needed The industry anticipates the …

Budget 2023-24 Expectation: Decisive policy decisions required to create future-ready fintech industry
1 year, 10 months ago

Budget 2023-24 Expectation: Decisive policy decisions required to create future-ready fintech industry

Firstpost  

The year 2023 is pivotal for the Indian economy. Simplify and streamline KYC process Easing the Know Your Customer requirements for both registered entities and fintech can help to streamline the onboarding process for customers and reduce compliance costs for businesses. The government should focus on incentivizing financial institutions and fintech to adopt digital lending platforms by providing tax breaks …

Budget 2023 Expectations: These Initiatives Can Boost Fintech Sector
1 year, 10 months ago

Budget 2023 Expectations: These Initiatives Can Boost Fintech Sector

News 18  

India is fast developing a robust and vibrant ecosystem for the financial technology industry. The government has undertaken several initiatives to support the burgeoning fintech industry in recent times, and it is felt that the following measures in the upcoming Budget 2023 will provide further fillip to the fintech industry and upscale the Digital India initiative: Investments for the Development …

Budget 2023: What Fintech companies expect from Modi govt
1 year, 10 months ago

Budget 2023: What Fintech companies expect from Modi govt

India TV News  

Budget 2023: The Fintech sector has been a frontrunner for the growth of the India's financial industry. The sector is rightfully portrayed as a vital constituent for supporting Indian government’s efforts for financial inclusion and digital India, and a bridge to reach the $5 trillion economy target by 2025. With the upcoming Union Budget 2023-24, the timing has been ideal …

Budget 2023: Fintech Industry Eyes More Clarity On Existing Regulations, Streamlining Process For Obtaining Licenses
1 year, 11 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 …

Budget 2023: Fintech Industry Expects Govt Push For Smaller NBFCs Working In Tier-2, Tier-3 Cities
1 year, 11 months ago

Budget 2023: Fintech Industry Expects Govt Push For Smaller NBFCs Working In Tier-2, Tier-3 Cities

ABP News  

Fintech is no longer considered a trend. Leaders in the fintech industry are already submitting their wish lists to Finance Minister Nirmala Sitharaman, as the new Union Budget for 2023 is much closer. According to the sources, in the last pre-Budget meeting, the finance minister met with experts in the fintech industry to seek their opinions on their expectations for …

Fintech In 2022: A Defining Year For Digital Lenders; Untapped Segments See Growth Potential In 2023
1 year, 11 months ago

Fintech In 2022: A Defining Year For Digital Lenders; Untapped Segments See Growth Potential In 2023

News 18  

The Indian economy has seen a recovery in the year 2022 after a two-year hit by the coronavirus waves in 2020 and 2021. Currently, about 40 per cent of payments by value are digital, contributing to a $3 trillion digital payment market on account of rapid expansion in digital infrastructure, UPI-led migration to digital, pandemic-led acceleration of shift in customer …

Modi stresses on use of latest tech to track economic offenders
2 years ago

Modi stresses on use of latest tech to track economic offenders

Deccan Chronicle  

NEW DELHI: Prime Minister Narendra Modi has stressed on revenue intelligence officers adapting latest global best practices in technology to track down economic offenders to protect the country's economy. In his message on the occasion of 65th foundation day of the Directorate of Revenue Intelligence, Modi said India has been a 'leading voice' for a coordinated international efforts in intelligence, …

Fintech 2.0 in 2023: Can India unlock next level
2 years, 1 month 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 …

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

From obscure bank to a fintech darling: The curious case of SBM
2 years, 2 months ago

From obscure bank to a fintech darling: The curious case of SBM

Live Mint  

NEW DELHI : What do fintech competitors Slice, Uni and Lazypay have in common? A Bengaluru-based fintech founder said his firm had avoided partnering with SBM India “because we thought it was a regulatorily weak bank". Sometimes, the RBI auditors would visit SBM office and the bank has even been fined," the first official said. With new fintech regulations coming …

There Is A Fintech Revolution Happening In India, And These Are The Factors Driving The Industry
2 years, 2 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, 3 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 …

RBI Actively Working Towards Phased Implementation Of CBDC: Shaktikanta Das
2 years, 3 months ago

RBI Actively Working Towards Phased Implementation Of CBDC: Shaktikanta Das

ABP News  

The Reserve Bank of India Governor Shaktikanta Das on Tuesday said that the central bank is committed to supporting innovation for fintech companies while keeping in mind consumer protection. Further, the RBI is now actively working towards a phased implementation of Central Bank Digital Currency in both wholesale and retail segments. The number of UPI QR code enabled payment acceptance …

We are well placed to let fintech lead the success of Digital India
2 years, 4 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, 5 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, 5 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 …

Big tech firms offering financial services pose risk to financial stability: RBI
2 years, 5 months ago

Big tech firms offering financial services pose risk to financial stability: RBI

Firstpost  

Big techs can scale up rapidly and pose risk to financial stability, which can arise from increased disintermediation of incumbent institutions, RBI stated Mumbai: Big tech companies offering financial services pose risk to financial stability as their complex intertwined operational linkages with financial institutions could lead to contagion effect and potential anti-competitive behaviour, the Reserve Bank of India has said. …

Finance Ministry asks banks to explore fintech partnership, co-lending opportunities
2 years, 5 months ago

Finance Ministry asks banks to explore fintech partnership, co-lending opportunities

The Hindu  

The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities to expand their business. In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to push their lending. The meeting took stock of asset quality and business growth plans of banks, …

PM Modi Asks Financial Institutions to Come Out with Futuristic Ideas to Fund Emerging Economic Needs
2 years, 9 months ago

PM Modi Asks Financial Institutions to Come Out with Futuristic Ideas to Fund Emerging Economic Needs

News 18  

Prime Minister Narendra Modi on Tuesday asked financial institutions to come out with innovative and futuristic financing as well as risk management ideas to fund the emerging needs of the economy. Stating that implementation of green financing is the ’need of the hour’ to meet net-zero carbon emissions target by 2070, Modi said financial help should be extended to environment-friendly …

Union Budget 2022: Fintech Industry Eyes Greater Credit Access To MSMEs
2 years, 10 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 …

Budget 2022: Fintech Firms Seek Tax Relief For Ease of Lending, Digital Transformation
2 years, 10 months ago

Budget 2022: Fintech Firms Seek Tax Relief For Ease of Lending, Digital Transformation

News 18  

Budget 2022 Expectations: As the Budget day nears, fintech companies in India are placing forth their expectations from the government. It goes without saying that with the access and usage of financial platforms online, the benefit has reached users irrespective of geographies, time and socio-economic boundaries,” said Zafar Imam, CEO of Finshell, on Budget 2022. Highlighting the need for game-changing …

Union Budget 2022-23: Here's what fintech sector wants govt to focus on
2 years, 10 months ago

Union Budget 2022-23: Here's what fintech sector wants govt to focus on

India Today  

New-age fintech firms have seen tremendous growth in India over the past couple of years despite the Covid-19 pandemic, but there are some challenges that sector wants the government to address in the upcoming Union Budget 2022-23. KEY EXPECTATIONS S Anand, CEO and co-founder of PaySprint, said, “The Union Budget 2022-23 must strengthen digital infrastructure which would eventually help digitizing …

IIM Udaipur Launches Digital Fintech Centre to Develop New Financial Frameworks
3 years, 2 months ago

IIM Udaipur Launches Digital Fintech Centre to Develop New Financial Frameworks

News 18  

The Indian Institute of Management Udaipur has launched a digital fintech centre to be driven by fintech academia and stakeholders for empowering the development of financial frameworks and technical understanding of the path-breaking industry vertical. This initiative aims to bring together industry practitioners, market regulators, entrepreneurs, venture capitalists, technologists, and academicians to develop new knowledge, practices, and frameworks for the …

Digital lenders must help the vulnerable access productive credit
3 years, 6 months ago

Digital lenders must help the vulnerable access productive credit

Live Mint  

The effects of the second wave of covid on micro, small and medium enterprises are widely anticipated to be more harmful than those of the first wave. A recent article published in Mint on 6 May 2021, ‘We must study the MSME credit gap before we can fix it’ by Deep Mukherjee, emphasises the scope of digital lending based on …

‘Fintech is India’s growth enabler’
3 years, 7 months ago

‘Fintech is India’s growth enabler’

Live Mint  

Financial technology, or fintech, enables a nation’s growth as it allows access to goods and services that are otherwise not available to everyone, said Munish Varma, managing partner, SoftBank Vision Fund, at Mint’s India Investment Summit 2021. If India can bring more such services into the formal banking/lending system using companies such as Paytm, the country will grow more,” he …

Fintech is a country’s growth enabler, says Softbank Vision Fund’s Munish Varma
3 years, 7 months ago

Fintech is a country’s growth enabler, says Softbank Vision Fund’s Munish Varma

Live Mint  

Financial technology, or fintech, enables a nation’s growth as it allows access to goods and services that are otherwise not available to everyone, said Munish Varma, managing partner, Softbank Vision Fund. Speaking at Mint’s India Investment Summit 2021, Varma said, “fintech allows services to those who did not have them before, at low cost and in a frictionless manner. Japan’s …

Cybersecurity critical for digital banking success: SBI official
3 years, 9 months ago

Cybersecurity critical for digital banking success: SBI official

The Hindu  

Cybersecurity is critical for the success of digital banking and banks should create the infrastructure to win customers' trust for all such transactions, a senior SBI official said on Wednesday. Digital banking or Figital is here to stay and is the future but it is equally important to safeguard the interests of all stakeholders, State Bank of India Deputy Managing …

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