22/4/2025, 5:20:04 pm

India's fintech adoption rate of 87% highest in the world: RBI Dy Governor

India's fintech sector, with 13,500 companies, has achieved an 87% adoption rate, driven by innovations like UPI and Aadhaar-based payments. Fintech lenders disbursed 45% of small-ticket loans, fostering financial inclusion. The RBI's proactive approach, including Digital Public Infrastructure and self-regulatory bodies, has enhanced access and compliance.