• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Govt Inks Pact For $23 Mn ADB Loan To Strengthen Fintech Ecosystem In India

OMMCOM NEWS by OMMCOM NEWS
March 14, 2024
in Business

New Delhi:  The Government of India and the Asian Development Bank (ADB) on Thursday signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT-City).

GIFT City is an initiative of the Central Government and the Gujarat Government to foster India’s financial services and fintech ecosystem.

The loan agreement provides for the setting up an International Fintech Institute (IFI) to strengthen fintech education, boost start-up success rates, and drive fintech research and innovation, the Finance Ministry said.

The IFI, set to be established in partnership with globally reputed institutes and universities, will offer industry-aligned fintech training programmes that meet international standards. The institute will strengthen innovation and entrepreneurship by supporting startups, especially women-led, through incubation and acceleration services. It will also collaborate with industry and venture capital funds to support the growth of fintech startups.

These interventions will contribute to enhanced employment opportunities, workforce competitiveness, and productivity in new and green technologies.

The ADB programme will support research on innovative solutions and technologies in climate fintech, regulatory technology, social inclusion, and gender equality in finance. The project will help establish a state fintech readiness index and develop new solutions to emerging technologies.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

PM Modi Lays Foundation Of Delhi Metro’s Two New Corridors

Next Post

Madras HC Dismisses PIL For Grant Of Indian Citizenship To All Children Born In Sri Lankan Refugee Camps

Related Posts

India Buys Gold
Business

Gold Price Stays Elevated Buoyed By US Shutdown Risks, Rate-Cut Bets

October 1, 2025
RBI Governor Sanjay Malhotra
Business

RBI Raises India’s GDP Growth Forecast To 6.8 Pc For 2025-26

October 1, 2025
Business

Navi Mumbai International Airport A Monument Shaped By Thousands Of Hands, Hearts: Gautam Adani

October 1, 2025
RBI
Business

RBI Sticks To Status Quo On Repo Rate, Stays With Neutral Stance

October 1, 2025
UPI
Business

UPI Transactions See 31 Pc Growth At 19.63 Billion In September: NPCI Data

October 1, 2025
Business

Sri Lanka’s Unpredictable Policies Driving Away Foreign Investors, Says US State Dept Report

September 30, 2025
Next Post
Madras High Court

Madras HC Dismisses PIL For Grant Of Indian Citizenship To All Children Born In Sri Lankan Refugee Camps

Dua Lipa, Coldplay, SZA To Headline Glastonbury 2024 Music Festival

Second India-Cote d'Ivoire Foreign Office Consultations Held In Delhi

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.