Applaud the Government`s conviction in digital banking - George Sam, Mindgate Solutions
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Mr George Sam, Business Head & Co-Founder, Mindgate Solutions Pvt. Ltd
We applaud the government’s conviction in digital banking and welcome the move to set up 75 Digital Banking Units in 75 districts in the country. This will be a step towards ensuring the citizens of the country, especially in the rural setting, are empowered and benefitted through digital banking systems. This was something quite visible in urban areas so far. Thus, the nation-wide transformative potential of the FinTech sector is well poised to be realized.
Furthermore, the introduction of Digital Rupee is a landmark decision. We expect this will potentially be more disruptive like UPI. While it will enable efficient currency management as an immediate benefit, it will also accelerate the target of a digital and financially inclusive India.
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