A mix of traditional credit facilities from banks and innovative financing mechanisms will be critical for the growth of MSME in recent times
In the next three years, most of the 440 million Indians between the ages of 18 and 35 will definitely try to digitally transact for their basic needs.
FinTech offers innovation & disruptive technologies, banks can drive customer demand. It is likely that banks adopt FinTech ideas in practice.
Applications can be built on top of Aadhar to provide paperless, hassle-free customer on-boarding experience which is legally compliant, secure, consent driven and non-repudiable.