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'Fintechs may need regulatory help'

Mint Mumbai

|

January 12, 2024

Financial technology (fintech) companies are currently riding the innovation wave, but profitability will at some point become a concern, when the regulator may have to intervene, veteran banker K.V. Kamath said at the 16th edition of the annual Mint BFSI Summit and Awards.

- Ranjani Raghavan

'Fintechs may need regulatory help'

Kamath, a former chief of the New Development Bank of Brics countries, was in conversation with Mint editor-in-chief Ravi Krishnan in Mumbai. The day-long summit and awards event was attended by leaders of banks, non-banking financial companies and fintechs.

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