Banking, financial sector hope govt will stay true to its promises
Mumbai: Indian banking and financial services sector, along with new-age financial technology companies, are expecting the government to take some pro-active measures to implement and execute some of the reforms that were announced last fiscal.
During a panel discussion, Countdown to Union Budget 2018, organised by The Hindu BusinessLine, at the National Stock Exchange here on Friday, experts unanimously echoed this sentiment and stressed that enough reforms have been undertaken and the upcoming Budget should start focusing on implementation and also resolve issues involving the bankruptcy laws, insolvency, digital payments, lending or for that matter bringing in some clarity around digital currencies.
FINO PayTech was chosen by UIDAI to demonstrate the tech enabled payment mechanism at the national launch of Aadhaar-based service delivery.