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Fintech will drive income and wealth creation, says CEA

Fintech will drive income and wealth creation, says CEA

by AIP Online Bureau | Aug 10, 2024 | Eco/Invest/Demography, Indian News, Technology

V Anantha Nageswaran,Chief Economic Advisor Speaking at the ninth edition of the Global Economic Summit held in Mumbai, CEA Nageswaran said rapidly evolving Fintech solutions will have a transformative impact on income, savings and wealth creation in India and...

Global fintech industry sees robust 14 pc revenue growth, India shows the way

by AIP Online Bureau | Jun 26, 2024 | Data, Eco/Invest/Demography, Policy, Risk Management, Technology

“Profitability and compliance are now the cornerstones of fintech success,” said Deepak Goyal, BCG managing director and senior partner and co-author of the report New Delhi: Despite significant shifts in funding and valuations, the global fintech industry saw a...
FM Sitharaman stresses on compliance of norms at meet with fintech heads

FM Sitharaman stresses on compliance of norms at meet with fintech heads

by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Regulation, Technology

While the government has made it clear that there can be no compromise over the compliance to regulatory norms, it has also given the assurance that the fintech sector is seen as playing a key role in the Indian economy and various steps have been taken to nurture the...
Indian Fintech: Fast, Furious — and Fraudulent?

Indian Fintech: Fast, Furious — and Fraudulent?

by AIP Online Bureau | Feb 22, 2024 | Articles, Eco/Invest/Demography, Regulation, Risk Management, Technology

Media reports suggest that more non-bank intermediaries after Paytm Payments Bank may expect a rap on the knuckles. Just what has made the Reserve Bank of India so cranky all of a sudden? Andy MukherjeeFirst, Paytm was asked to freeze its banking business, a crackdown...
LIC to play key role in achieving ‘Insurance For All by 2047, to launch a product for rural areas: Chairman

LIC to play key role in achieving ‘Insurance For All by 2047, to launch a product for rural areas: Chairman

by AIP Online Bureau | Dec 17, 2023 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Technology

Siddhartha Mohanty,Chairman,LIC ”The focus would be how to cover maximum rural masses who actually need insurance. In coming days, rural share will also go up to our total business kitty.’Customers need not come to the office. Sitting at home on his mobile...
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