TLDR:
Finance Minister Nirmala Sitharaman expressed her enthusiasm for the fintech sector in an exclusive conversation with Network18’s managing director and editor in chief Rahul Joshi. She highlighted India’s global recognition for its contributions to the sector and emphasized the importance of working with and encouraging the youth in this field. Sitharaman also commented on the role of the Reserve Bank of India (RBI) and expressed hope for the RBI to continue supporting growth.
Finance Minister Nirmala Sitharaman has expressed her enthusiasm for the fintech sector, highlighting India’s contributions to the industry. She mentioned that India’s fintech solutions are globally recognized and that fintech enthusiasts are looking to India for innovation and solutions. Sitharaman praised the contributions of India’s youth, acknowledging their capacity-building efforts and expressing a desire to work with and encourage them in the future.
Sitharaman also addressed the role of the Reserve Bank of India (RBI) in the fintech sector. While the RBI makes its own decisions, Sitharaman expressed appreciation for the RBI’s collaboration with stakeholders. She emphasized the importance of the RBI’s steady approach, expecting and hoping that it will continue to support growth in the sector. This aligns with the Minister’s optimistic outlook for the future of fintech in India.