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LIVE: Cheap mobile phones, data, zero balance accounts under PMJDY have done wonders for India, says PM | Financial News

LIVE: Cheap mobile phones, data, zero balance accounts under PMJDY have done wonders for India, says PM | Financial News

 


Mumbai: Prime Minister Narendra Modi watches a virtual reality (VR) demonstration during a tour of an exhibition at Global FinTech Fest, in Mumbai, Friday, August 30, 2024. RBI Governor Shaktikanta Das is also present. (Photo: PTI)

1:16 p.m.

Indians' adoption of fintech is 'unmatched in speed and scale', says PM Modi

Prime Minister Modi said that the adoption of fintech by Indians is “unmatched in terms of speed and scale” and no such example can be found anywhere else in the world. He said that the transformation brought by the fintech sector in India is not limited to technology, but its social impact is far-reaching.

12:44

“I have confidence in our fintech ecosystem that will deliver quality life to Indians,” says PM Modi

“I have certain expectations from the regulators, we need to take big steps to stop cyber frauds and increase digital literacy,” Prime Minister Modi said today.

12:40 p.m.

All necessary policy measures to help fintech sector have been taken; angel tax has also been removed, says Modi

Prime Minister Modi said fintech has dented the shadow economy and helped bridge the gap between villages and cities.

12:25 p.m.

Fintech sector has played crucial role in making access to credit easy and inclusive, says PM Modi

The Fintech sector has played an important role in democratising financial services, making credit accessible and inclusive, Prime Minister Modi said today.

12:22 p.m.

Cheap mobile phones, data, zero balance accounts under Jan-Dhan Yojana have done wonders for India, says PM

12:19 p.m.

GFF 2024: Loans worth over Rs 27 billion have been disbursed under Pradhan Mantri MUDRA Yojana, PM Modi tells GFF

12:13 p.m.

Over the last 10 years, over $31 billion has been invested in the fintech sector, says PM Modi

Fintech startups have grown by 500%, says PM Modi.

12:12

News: India’s FinTech revolution improves financial inclusion, drives innovation, says PM Modi

12:00 p.m.

Global Fintech Fest LIVE: PM's presence inspired us to create future-ready technology, says Das

“India is on the verge of a transformation,” RBI Governor Shaktikanta Das said ahead of Prime Minister Modi’s speech.

11:56

PM Modi visits exhibition at Global FinTech Fest

11:02

800 speakers including policy makers, regulators and senior bankers will speak at the GFF

The GFF is jointly organised by the Payments Council of India, the National Payments Corporation of India and the Fintech Convergence Council. Around 800 speakers including policymakers, regulators, top bankers, business leaders and academics from India and various other countries will address over 350 sessions at the conference.

10:54

PM Modi lays foundation stone of Vadhvan Port project

Prime Minister Narendra Modi will lay the foundation stone of the Rs 76,000-crore Vadhvan Port project in Palghar, his office said.

10:27

Global Fintech Fest 2024 Live News: PM Modi addresses Fintech Fest in Maharashtra today

Prime Minister Modi is scheduled to address the Global Fintech Fest (GFF) 2024 at around 11 am at the Jio World Convention Centre in Mumbai. Later, at around 1:30 pm, Prime Minister Modi will inaugurate and lay the foundation stone for several development projects at the CIDCO grounds in Palghar.

First published: August 30, 2024 | 10:41 a.m. EAST

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