Good news for startups and FinTechs as the Prime Minister has made a big pitch for larger credit flows to head their way. Speaking at a webinar PM Modi highlighted that financial products will have to be tailor-made for fintech and startups. He expects India's fintech market to grow to Rs 6 lakh cr.
Addressing a webinar on the implementation of Budget in the Financial Services sector the Prime Minister assured the audience that the government is committed to strengthening the banking sector and the focus remains on taking steps to make the financial services sector vibrant, proactive and strong. PM Modi said that investors, depositor’s trust and transparency is the top priority of his government.