Sitharaman nudges fintech players to have more engagement with govt

Finance Minister Nirmala Sitharaman on Tuesday nudged the fintech industry to break the distance barrier and have more engagements with the government and its agencies to enhance trust.

Sitharaman was replying to a question by Kris Gopalakrishnan, Chairman, Global Fintech Fest (GFF) 2022 Advisory Board, who wanted to know how to ensure trust among industry, regulators, and the government.

“I don’t want to sound cliche, but distance brings distrust. So, cut the distance down, have greater engagement with the government,” the minister said.