Fintech push: RBI Governor urges startups to serve the unbanked, calls for trust and inclusion

RBI Governor Sanjay Malhotra urged India’s booming fintech sector to prioritize financial inclusion, urging them to build products for the underserved, not just the privileged. He stressed the need for accessible solutions for vulnerable groups and highlighted the sector’s role in delivering affordable financial services at scale. The RBI is also focusing on combating digital fraud and enhancing credit access.