🤖 Global Fintech Fest 2026
Published by OOPSONLINE.IN · Source: CNBC TV18 · 1 min read · · Updated
What actually happened
RBI Governor Sanjay Malhotra said fintech has fundamentally reshaped Indian finance over the past decade, taking banking from branches to citizens’ hands and making financial inclusion a lived reality for hundreds of millions of Indians. He said fintech has also reduced transaction costs and settlement times, strengthened fraud detection through artificial intelligence and improved credit delivery to MSMEs.
Key points
- RBI Governor Sanjay Malhotra said fintech has fundamentally reshaped Indian finance over the past decade, taking banking from branches to citizens’ hands and making financial inclusion a lived reality for hundreds of millions of Indians.
- He said fintech has also reduced transaction costs and settlement times, strengthened fraud detection through artificial intelligence and improved credit delivery to MSMEs.
Summary based on data provided by CNBC TV18. Full article available at the original publisher.
- #ai
- #global
- #fintech