Digital Evolution in Indian Banking: Unveiling the Opportunities and Challenges of Payments Banks
The Reserve Bank of India created Payments Banks in 2014 as a specialized banking model to deliver basic financial services to underserved populations.
Paytm Payments Bank
Company · IN · 3 documents
Key number
1 trillion US$
Projected Indian fintech market size by 2030. International Journal of Technology & Emerging Research p.2
Key number
60 million users
Projected digital lending users by 2027. Zenodo (CERN European Organization for Nuclear Research) p.2
Regulating Digital Neobanks and Fintech Credit Under India's Central Bank Framework
Digital lending platform adoption in India is projected to grow from 6 million users in 2021 to 60 million users by 2027.
Cybersecurity Challenges in Indian Fintech Start-Ups: A Regulatory Lens
The Indian fintech market is projected to reach US$1 trillion by 2030, driven by rapid digital transformation across financial services.