INDIA’S FINANCIAL LANDSCAPE has significantly changed since the advent of UPI and the rise of fintech companies. From payments to digital lending, how Indians transact has seen a paradigm shift.
However, there’s more to financial inclusion beyond payments and lending. The majority of the time, Indian customers complain about a plethora of bad experiences with their banking apps, specific physical processes in bank branches or even things like KYC or eKYC.
The Reserve Bank Innovation Hub (RBIH), a 100 per cent owned company by the Reserve Bank of India, puts innovation at its heart to solve such friction in financial services that customers face. Rajesh Bansal, CEO of RBIH, says their mission is to provide frictionless finance for a billion Indians.
Denne historien er fra August 12, 2023-utgaven av BW Businessworld.
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Denne historien er fra August 12, 2023-utgaven av BW Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
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Sharp Slide in Industrial Output on Eve of Deepavali
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Heralding the Solar Era with Sustainable Electrification
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DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
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Disruption Ahead: Beyond Organisation Charts and Structures
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Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
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