Worldline's 'India Digital Payments Report' says India is poised to be one the largest and fastest-growing digital payments markets in the world with 1.18 billion wireless telecom subscriptions.
Speaking at The Global FinTech Fest, the Minister said the value of digital transactions jumped to Rs 6 lakh crore in January-August 2021 from Rs 4 lakh crore in 2020 and Rs 2 lakh crore in 2019
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India has been quite innovative on digital identity, says top official Tobias Adrian
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Tobias Adrian, Director of the Monetary and Capital Markets Department of the International Monetary Fund. File photo
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India has been quite innovative on digital identity, says top official Tobias Adrian
India is on the right track and is innovating on the policy side, including on digital identity and payments, but it also needs to capture all the segments of the financial market and institutions to make sure that every piece fits together like a puzzle to fuel growth in the country, according to a top IMF official.