Budget 2024 : "A well-defined regulatory framework will only bridge the gap between the traditional banks and fintechs and will foster financial inclusion for consumers" says Raj P Narayanam, Founder and Executive Chairman of Zaggle
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_1.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Quote on Budget 2024 : "A well-defined regulatory framework will only bridge the gap between the traditional banks and fintechs and will foster financial inclusion for consumers" says Raj P Narayanam, Founder and Executive Chairman of Zaggle
"In the upcoming Budget, we anticipate that Digital Banks in India will play a crucial role in bridging the gap between traditional banks and FinTechs. They have the potential to offer a blend of innovative financial products, a seamless user experience, and the regulatory backing of a licensed bank.
Addressing potential challenges through a well-defined regulatory framework and a phased approach can pave the way for a more inclusive and dynamic financial ecosystem in India. This strategic approach aims to serve as a mid-gap solution between traditional banks and fintech companies, meeting the evolving needs of digital-savvy consumers. It will empower consumers with secure, convenient, and affordable banking services tailored to the demands of the digital era."
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/mutualfund87.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/GV_Vollyball.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Parveen_Kaur.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Mutual Fund_432.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/GV_Mashroom_festival.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Economy.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Employee_Jobs.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/GV_Combodia.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/autosector24.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Mutual Fund 5.jpg)