Acceleration of fintech in India with the planning of AI regulation
Siddharth Mehta IL&FS former director and CIO of Bay Capital is a renowned investor, philanthropist, and financial investor. He is the founder of Bay Capital, an investment firm that has invested in the structural growth of India, on a long-term basis. The acceleration of Fintech SiddharthMehta bay capital often seems to express his views on fintech and digitalization. The boom and growth of fintech can be clearly seen in the recent time. Whether Paytm, GooglePay, Razorpay, or PhonePe, all the fintech companies seems to make tremendous progress in terms of growth and customer absorption. According to the reports, the average monthly transacting user of Paytm has gained a significant increase of 27%. This is also quite relatable in the cases of other fintech companies as well, however, there may be variation in the number. The planning of AI regulation Today, the only buzz around us is ChatGPT, an advanced chatbot that gives results in generative form. I