Collaboration between FinTech and the traditional banking sector can propel growth
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.
A market for credit risk hedging instruments would augment access to finance
The focus of next generation regulation in domestic securities market should be on inclusive growth, i.e. broad basing or deepening the market with more innovative products and technology
As the financial sector players of the future will emerge larger in size, technologically better equipped and stronger in capital base, one can only hope that the regulatory as well as the self regulatory mechanisms will match up to...