Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
UPI is expanding lending across the risk spectrum
Mint Chennai
|January 30, 2026
Investing in digital public infrastructure such as the Unified Payments Interface (UPI) is reshaping credit markets by allowing banks and fintech firms to expand lending across the risk spectrum, said the Economic Survey, released on Thursday.
Fintechs play a key role in reaching new-to-credit borrowers who were earlier excluded from formal finance, the survey said, citing a working paper ‘Breaking Barriers to Financial Access Cross-Platform Digital Payments and Credit Markets (2025), by Shahswat Alok.
It is effective use of accounts that determine if financial inclusion translates to economic opportunities
This story is from the January 30, 2026 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Dixon, Syrma results showcase EMS shifts
December-quarter (Q3FY26) earnings from Dixon Technologies and Syrma SGS point to growing differences within India's electronics manufacturing services (EMS) sector: firms still dependent on mobile-device manufacturing are seeing pressure, while those with greater exposure to industrial and export-led segments are proving more resilient.
1 min
January 31, 2026
Mint Chennai
The crypto CEO who's become enemy no. 1 on Wall Street
Coinbase chief Armstrong is clashing with Jamie Dimon and other bank stewards over the future of finance
7 mins
January 31, 2026
Mint Chennai
Inside India's AI slop economy
India is among the biggest producers of Al slop, or quickly made, Al-generated content. Lounge meets the creators and coaches making money off the latest side of the creator economy
3 mins
January 31, 2026
Mint Chennai
Top airlines plan 30% more planes
India's top airlines IndiGo, Air India and Akasa Air may together add 240 aircraft in the next two years, expanding their fleet size by a combined 30%.
1 min
January 31, 2026
Mint Chennai
NSE IPO gets wings as Sebi gives no-objection certificate
month, and the entire process could take another six months.
1 mins
January 31, 2026
Mint Chennai
India chases historic title defence at home
The Indian team has forged one of the most dominant runs in T20 cricket and enters the World Cup as favourites
5 mins
January 31, 2026
Mint Chennai
Dividend income, spending control rein in fiscal deficit
India’s fiscal deficit for April-December 2025 stood at ₹8.6 trillion, or 54.5% of the budget estimate for the year ending March, helped by strong growth in tax and non-tax revenues, data from the Controller General of Accounts (CGA) showed on Friday.
2 mins
January 31, 2026
Mint Chennai
An Australian summer of flies, sweat and sport
House flies, bush flies, horse flies, fruit flies, hover flies, signal flies.
4 mins
January 31, 2026
Mint Chennai
The wild designs of Genndy Tartakovsky
The creator of 'Primal', 'Samurai Jack' and 'Dexter's Laboratory' is one of the most influential figures in animation today
4 mins
January 31, 2026
Mint Chennai
Vikram Malhotra
THE OUTSIDER
7 mins
January 31, 2026
Listen
Translate
Change font size