India is working to build big and world-class banks to support its growing economy and global competitiveness. Reforms like the Indradhanush Plan, Atmanirbhar Bharat recapitalization, EASE reforms, and FSIB governance improvements have strengthened public sector banks. Digital innovations like UPI and Public Tech Infrastructure, along with the IFSC at GIFT City, position India as a leader in financial technology and global banking. The focus going forward is on capital adequacy, governance, digitalization, risk management, sustainability, and global integration to create banks that are efficient, resilient, and internationally competitive.
Click to View More
India’s fintech sector has rapidly evolved through digital innovation, government support, and growing internet access—transforming payments, lending, and financial inclusion—while facing challenges like regulation, data privacy, and cybersecurity.
Click to View MoreStablecoins are cryptocurrencies pegged to assets like the dollar or gold to ensure price stability. They enable fast, low-cost global payments and support DeFi, but raise risks of financial instability and regulatory concerns.
Click to View MoreIndia’s UPI expands to Qatar via Qatar National Bank and Qatar Duty Free, enabling seamless, real-time payments for Indian travelers. Driven by NPCI International, it boosts tourism, retail, and bilateral ties, showcasing India’s digital strength and advancing global payment interoperability.
Click to View MoreStablecoins are cryptocurrencies pegged to assets like the dollar or gold to ensure price stability. They enable fast, low-cost global payments and support DeFi, but raise risks of financial instability and regulatory concerns. India remains cautious, prioritizing UPI and Digital Rupee while debating stablecoin regulation amid growing global adoption.
Click to View MoreDigital Public Infrastructure (DPI), utilizing Aadhaar, UPI, DigiLocker, and India Stack, is revolutionizing governance by enabling inclusive, paperless, and cashless services. It bridges digital divides, promotes financial inclusion, and offers scalable models for the Global South. Despite concerns over privacy, security, and equitable access, DPI offers a replicable framework for sustainable growth.
Click to View More
© 2025 iasgyan. All right reserved