His remarks came while inaugurating InFinity Forum via video conferencing, the Prime Minister said that Transformational initiatives under Digital India have opened doors for innovative Fintech solutions to be applied in governance.
“Last year, in India, mobile payments exceeded ATM cash withdrawals for the first time. Fully digital banks, without any physical branch offices, are already a reality and may become commonplace in less than a decade,” PM Modi said.
He said that now it is time to convert these fintech initiatives into a fintech revolution. “A revolution that helps to achieve financial empowerment of every single citizen of the country,” he added.
“We believe in sharing our experiences and expertise with the world and learning from them as well. Our Digital Public Infrastructure solutions can improve…