Senior execs from the government, Paytm, Standard Chartered and the IFSCA, say private capital, digital payments, and green finance are major growth drivers, yet there are risks from geopolitical instability, structural issues in job creation and income inequality.
Although the BJP, the ruling party for the last decade, won the most seats in parliament, it didn't secure enough for a majority, resulting in uncertainty over the stock market, business policy and the strength of the rupee.
The partnership should help global firms access the Indian market and for Indian companies to access Ebanx's global network, with the Unified Payments Interface an important component.
The Japanese bank has tapped into India’s microfinancing sector through a facility with Svatantra Microfin, which targets female entrepreneurs in India’s rural areas.
Anuraag Srivastava has agreed to lead the finance and secretarial function at media conglomerate Bennett, Coleman & Co., which owns The Times Of India.