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Govt must support fintechs: Ficci-PWC report

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Bengaluru/New Delhi: The government should liaise with financial technology firms for distribution of financial benefits and relief measures amid the covid crisis, said a new report by industry body the Federation of Indian Chambers of Commerce and Industry (Ficci) and multinational professional services firm PwC.“The need for digital awareness and presence is prominently recognized by individuals, businesses, and governments alike.

Fintechs can act as enablers for the banking and financial sector, playing a crucial role in ubiquity and adoption of digital financial services.

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