Global Fintech Fest 2022 in News

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The digitalisation of financial services has brought unbanked people into the formal financial terrain. Government constantly available for engagement with fintech industry players. Better and more engagement will boost trust.

Smt. Nirmala Sitharaman

Union Minister of Finance and Corporate Affairs
(ET BFSI. September 20, 2022)

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We are looking at 3-4 legislations which will create a comprehensive set of legislations for the digital world.

Shri Ashwini Vaishnaw

Union Minister of Railways, Communications and Electronics & Information Technology
(Business Standard. September 20, 2022)

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I assure fintechs that we are here to support innovation. We (RBI) will come two steps ahead if you come one step ahead with innovation.

Shri Shaktikanta Das

Governor, Reserve Bank of India
(Money Control. September 20, 2022)

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I am delighted to see fintech entrepreneurs discuss the progress of technological innovation at the Global Fintech Festival. I want to assure Indian entrepreneurs that the Indian Government is there to support them in every possible way including infrastructure or finance. If India has to progress, fintech innovation is very important.

Dr. Bhagwat Kishanrao Karad

Minister of State for Finance, Government of India
(ET BFSI. September 22, 2022)

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The other focus of the government is on creating joint IPs and ownership between Indian startups and foreign companies, especially in the deep tech space.

Shri Rajeev Chandrasekhar

Minister of State for Electronics and Information Technology, Skill Development and Entrepreneurship, Government of India.
(Business Standard. September 22, 2022)

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Fintech can make a huge contribution in multiple areas. One of the areas which I would recommend is crop insurance.

Shri Devendra Fadnavis

Deputy Chief Minister, Maharashtra
(Indian Express. September 22, 2022)

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There is a vast opportunity for investments due to decarbonization and fintechs have a crucial role to play in this.

Shri Jayant Sinha

MP (Lok Sabha)
(Mint. September 22, 2022)

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Technology will transform the financial services space. It will bring down the cost of delivery, I love the fintech world.

Smt. Madhabi Puri Buch

Chairperson, Securities and Exchange Board of India (SEBI)
(CNBC TV 18. September 21, 2022)

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Just recently India has surpassed the United Kingdom to become the world's fifth largest economy in absolute terms. India looks at the moment well poised to repeat a sustained growth rate of around 7 percent for the remainder of the decade as we go into 2023 and beyond.

Shri V Anantha Nageswaran

Chief Economic Advisor, Ministry of Finance, Government of India
(Money Control. September 20, 2022)

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Although the issues of privacy and consent remain paramount, we look forward to partnering with various private sector players for Digital India.

Dr. Saurabh Garg

CEO, UIDAI
(Inc42. September 22, 2022)

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London is Europe's top fintech hub. And we can all see that India is on the way to becoming Asia's top fintech hub - with the highest fintech adoption rates in the entire world and the emergence of many unicorns.

Alderman Vincent Keaveny

The Rt Hon the Lord Mayor, City of London
(Mint. September 25, 2022)

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In the new architecture of Web 3.0, asset transfers are not only done traditionally, therefore we need a new form of money that transacts on a distributed ledger. Therefore today, the central bank needs to come up with a new form of money - a legal tender that excludes private currencies, as it doesn't act like a payment instrument.

Mr. Sopnendu Mohanty

Chief Fintech Officer, Monetary Authority of Singapore
(Bloomberg. September 23, 2022)

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Our Financial institutions play a fundamental role in achieving sustainable goals by reorienting investments towards more sustainable technologies and businesses and contributing to the creation of a low-carbon, climate-resilient, and circular economy.

Mr. Kris Gopalakrishnan

Chair - GFF 2022, Chairman, Axilor Venture and Co-founder, Infosys
(India Today. August 10, 2022)