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ET Financial Inclusion Summit: Banks and fintech startups can t do without each other
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Last Updated: Jul 16, 2021, 07:19 AM IST
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Earlier tech collaborations were happening at the backend; the new age financial services are also about innovation of frontend services which opens up collaboration opportunities, said Anjani Rathor the chief digital officer at HDFC Bank.
Agencies
Traditional Indian banks and newage
fintech companies will have to co-create in order to build an inclusive financial ecosystem where digitisation of consumer economy is fast evolving as the defining trend of the times, said a panel of top bankers and fintech experts. While legacy financial institutions have digitised their interface as well as operations, the emergence of fintech startups have made it necessary for incumbents to accelerate the pace of digital transition, they said at the ET Financial Inclusion Summit.
Shaktikanta Das, Hardeep Singh Puri key speakers at ET Financial Inclusion Summit
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Last Updated: Jul 13, 2021, 07:37 AM IST
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Governor Das, who pioneered the Financial Inclusion Index for India, will inaugurate the event on July 15 at 3 pm through a virtual address, detailing the RBI’s steps toward pushing the agenda of inclusion and plans for the future.
Reserve Bank of India (RBI) Governor Shaktikanta Das
Reserve
Bank of India (RBI) Governor Shaktikanta Das and housing and minister of petroleum and natural gas, and housing and urban affairs Hardeep Singh Puri would be the key speakers at this week’s ET Financial Inclusion Summit, which is set to help create a national template for democratising access to formal financing and assist New Delhi in achieving its social goal of poverty reduction. Top decision makers, including UIDAI CEO Saurabh Garg, National Payments Corp of India’s CEO Dilip Asbe, IndusInd Bank CEO Sumant Kathpaliaand Bandhan Bank