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FinTech in India has seen phenomenal growth over the past three years and is currently the top grossing sector
The plan carries the potential to improve the comprehensiveness of data collection as well as the ease of compliance with procedures
The Fintech players are expecting a sizable reduction in corporate taxes as promised by the Finance Minister
Formula Group become a leader due to its Pan India presence offering consistent quality of services
The company is trying to create a network of Digital Runners across villages, who are available on demand to deliver digital services
"Mobile will become your bank; it will become your wallet as the cost of physical banking will be very high."
How can we expect a common man to even consider buying something as complicated as an "Ultra Short Term Debt Fund"?
The increased clamour, hence emerging out of this bold move by the government, has created war hysteria between UPI and existing modes of payments.
The Indian fintech space could and should aspire to global leadership like the Indian IT or Pharma industry.