We think that by bringing a consumer tech thought process into the financial services space, it'll be something new we can try, says Sachin Bansal
New-age companies are well-positioned to tap into underpenetrated segments like insurance, mutual funds, and capital market.
Globally financial frauds went up by a whopping 150% in these four months, reveals TransUnion study
RBI also suggests no requirement of collateral, and greater flexibility of repayment frequency for all microfinance loans
India is seeing an increasing digitization of financial services, with consumers shifting from cash to cards, wallets, apps, and UPI, Niti Aayog Vice-
Technology is transforming the way banking is done and bankers need to internalise this, says K V Kamath
PM Narendra Modi further said "the government is taking steps to make the financial services sector vibrant, proactive and strong".
It was done considering the importance of professional and other service providers for the development of financial products, financial services and f