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India's Fintech Market Projected to Hit $400 Billion in Next 3 Years: FM

Hindustan Times Noida

June 19, 2025

India's fintech market is flourishing and projected to become $400 billion in the next three years, Union finance minister Nirmala Sitharaman said on Wednesday and urged the industry to continue "fearlessly" innovating people-centric new solutions to maintain the country's leadership position in this area.

- Rajeev Jayaswal

NEW DELHI:

India accounts for almost half of all real-time digital transactions in the world, she said at the Digital Payments Awards 2025 ceremony organised by the department of financial services (DFS), an arm of the finance ministry. According to industry estimates, the country's fintech market is estimated at around $110 billion with an adoption rate of 87%, significantly high from the global average of 67%.

यह कहानी Hindustan Times Noida के June 19, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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