India Fintech: Of dark clouds and silver linings: What kept the Indian fintech’s horse at the stable in 2022

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Of dark clouds and silver linings: What kept the Indian fintech’s horse at the stable in 2022
Of dark clouds and silver linings: What kept the Indian fintech’s horse at the stable in 2022

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Synopsis

RBI stuck to its policy of hyperactive regulation for the fintech sector in 2022. Secondly, its “territorial posture” was also visible. Fintechs scaled to own a significant fraction of payment flows intermediated through UPI. But it is not linear that UPI without the fintechs would scale to billions of transactions in value as it has now.

Come senators, congressmen Please heed the call Don’t stand in the doorway Don’t block up the hall For he that gets hurt Will be he who has stalled – Bob Dylan (The Times They Are A-Changin’) As we take baby steps into 2023, it is a great time to reflect on the year gone by (typically punctuated with sips of your favourite poison). 2022 was a bruising year for Indian fintech to say the least, with global central banks raising the cost of

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India Fintech: Of dark clouds and silver linings: What kept the Indian fintech’s horse at the stable in 2022


Of dark clouds and silver linings: What kept the Indian fintech’s horse at the stable in 2022
Of dark clouds and silver linings: What kept the Indian fintech’s horse at the stable in 2022

Getty Images

Synopsis

RBI stuck to its policy of hyperactive regulation for the fintech sector in 2022. Secondly, its “territorial posture” was also visible. Fintechs scaled to own a significant fraction of payment flows intermediated through UPI. But it is not linear that UPI without the fintechs would scale to billions of transactions in value as it has now.

Come senators, congressmen Please heed the call Don’t stand in the doorway Don’t block up the hall For he that gets hurt Will be he who has stalled – Bob Dylan (The Times They Are A-Changin’) As we take baby steps into 2023, it is a great time to reflect on the year gone by (typically punctuated with sips of your favourite poison). 2022 was a bruising year for Indian fintech to say the least, with global central banks raising the cost of

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

New Feature
Refer & Earn

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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