Financial Services & Fintech Revolution

India’s financial sector has undergone a paradigm shift from financial inclusion (access) to financial empowerment (usage and quality). Anchored by the JAM Trinity (Jan Dhan-Aadhaar-Mobile) and the India Stack, the ecosystem is now characterized by the "Fintech-ization" of banking, enabling instant digital payments, cash-flow-based lending, and affordable insurance for the last mile.

The Unbanked, MSMEs & The New Economy

  • Rural Population: Primary beneficiaries of the Direct Benefit Transfer (DBT) architecture and Aadhaar-enabled Payment System (AePS).
  • MSMEs: Shifting from collateral-based loans to information-based (cash-flow) lending via Account Aggregators.
  • Street Vendors: Accessing micro-credit through the PM SVANidhi scheme using digital trails.
  • Startups: Fintech entities innovating ....
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