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Pandemic helped drive the goals of financial inclusion: Debasish Panda


Pandemic helped drive the goals of financial inclusion: Debasish Panda
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Last Updated: Jul 16, 2021, 07:47 AM IST
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Synopsis
“What we are doing now is bringing more, new-to-credit micro enterprises in the formal banking channel. We are taking help from fintechs, carving out innovative solutions for segments and geographies,” Debasish Panda said, adding that fintech firms are trying to connect alternative data points.
Debasish Panda, Financial Services Secretary
The pandemic underscored India’s disruptive progress on the touchstone of financial inclusion, with federal welfare payouts directly reaching the intended beneficiaries in a largely fraud-proof ecosystem undergirded by legacy lenders, nimble
fintech firms and pertinent digital regulations. “Financial inclusion was actually tried and tested in terms of scale and volume during the pandemic,” financial services secretary Debasish Panda said at the ET Financial Inclusion Su ....

Jan Dhan , Debasish Panda , New India , ஜான் தன் , செயலிழப்பு பாண்டா , புதியது இந்தியா ,