Rising competitive intensity for both assets and liabilities amid growing regulatory scrutiny indicate a new chapter in Indian banking, says Rahul Jain, head of India equity research, Goldman Sachs
RBI says fintechs will provide information voluntarily to the proposed repository, which will help in designing policies
The profitability outlook for Indian fintechs has improved substantially amid expectations that the revenue would rise to $190 billion by 2030 from $17 billion in 2022, predicts BCG.
Most rules and laws are framed without much discussion and any cost-benefit analysis, says Sujeet Kumar, MP and chairman, Committee on Petitions (Rajya Sabha)
