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DataQuest
|July 2023
Vishal Kanvaty, CTO, NPCI, participated in the panel discussion "Revolutionizing Indian banking and FinTech ecosystem" moderated by Ibrahim Ahmad, Consulting Editor, Cybermedia.
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Kanvaty said NPCI's success is related to the growth of FinTech in the country. We have had a fabulous distribution channel. Payments are also evolving in a variety of ways, as we go along. For the hawkers, there are good solutions. We have grown as a mobile, digital economy that is revolutionizing everything! We are seeing the growth in insurance and wealth management. NPCI looks to give payment instrument for all Indians. We are now looking to go beyond. We also have the regulator's support. We are headed in the right direction.
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