“KV Kamath believes India’s economy could grow to $25 trillion size in 25 years”

KV Kamath, Chairman of NaBFID (National Bank for Financing Infrastructure and Development)

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He anticipates that digital fintech companies may contribute between 25% to 30% of this growth

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Kamath emphasized the importance of fintech in driving India’s economic advancement

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Kamath cited the example of traditional stockbrokers losing ground to fully digital stockbroking firms

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Kamath also underscored the significance of fintech companies achieving profitability alongside their growth

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Comparing India to its global counterpart, China, Kamath highlights an interesting narrative

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He notes that Indian banks have, surprisingly, outpaced their Chinese counterparts in adopting digital technology

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KV Kamath’s prophetic insights shed light on the burgeoning potential of India’s fintech sector as a catalyst for colossal economic growth

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