RBI Governor Sanjay Malhotra said fintech has fundamentally reshaped Indian finance, taking banking “from the branch to the hand of every citizen”. Highlighting UPI, Aadhaar-enabled payments, account aggregators and the Unified Lending Interface, Malhotra said fintech is also helping extend collateral-light formal credit to MSMEs while improving financial inclusion, efficiency and customer experience.

RBI Governor highlights FinTech's role in bridging India's MSME credit gap, enhancing financial inclusion and efficiency across the nation.

RBI Governor Sanjay Malhotra said fintech has fundamentally reshaped Indian finance, taking banking “from the branch to the hand of every citizen”. Highlighting UPI,…