#digital-finance
Over 550 mn UPI users, 69 mn MF investors and 50 mn stock buyers — why are millions still not investing? Report decodes
India's digital financial ecosystem has seen rapid payment growth, but investment in mutual funds and equities remains low. An EY report reveals a gap in participation despite over 550 million UPI users. Details here.
South Indian households top multi - service digital financial services adoption : Report
Beyond transactions: The potential of mobile banking
Digital banking in India is transforming. Apps now help users make financial decisions, not just transactions. IDFC FIRST Bank's app integrates banking, investments, and loans. This simplifies managing money and builds confidence. Smartphones are becoming fin…
TVS Venu Group to acquire 9.9% stake in Jana Small Finance Bank for ₹193 crore
The move follows TVS group’s recent expansion in financial services, including its agreement to acquire PGIM India Asset Management, and reflects its focus on India’s growing digital financial ecosystem
Why India cannot build a world-class fintech champ yet
India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with flexible licensing. A shift towards graduated licenses and a principles-based approach is needed to foster new financial…
SBI chief flags risks in rapid growth in digital finance, stresses trust-based innovation
State Bank of India Chairman C S Setty highlighted emerging risks in digital finance and platform lending. He stressed that financial systems must prioritize trust and strengthen governance. India needs significant capital mobilization for its development goa…