The fintech industry in India has high expectations for the country’s upcoming budget, with a focus on promoting financial inclusion. The industry hopes that the budget will accelerate digital payments, promote innovation, and reduce fraud. It also expects measures to boost the growth of fintech platforms and improve access to financing for small businesses. Additionally, there is anticipation for increased collaboration between fintech platforms and traditional banks, simplifying the lending process for businesses. Overall, the industry is looking for a budget that supports innovation, unlocks growth potential, and bolsters financial services adoption and expansion.
Boosting small businesses: Fintech’s budget hopes for financial inclusion promotion.
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