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He said the technological developments and innovations hold great promise for the financial sector as they have immense potential to increase the reach of financial firms, enhance the range of product offerings and conveniences for customers, expand the ambit of finance to hitherto excluded segments. ....
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‘Fintech is India’s growth enabler’ Premium 1 min read Read Full Story Financial technology, or fintech, enables a nation’s growth as it allows access to goods and services that are otherwise not available to everyone, said Munish Varma, managing partner, SoftBank Vision Fund, at Mint’s India Investment Summit 2021. “Fintech allows services to those who did not have them before, at low cost and in a frictionless manner. If India can bring more such services into the formal banking/lending system using companies such as Paytm, the country will grow more, he said. MORE FROM THIS SECTIONSee All Premium Premium ....