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In Campus Training Programme on  Fin-Tech and Financial Inclusion at BIRD Mangaluru

In Campus Training Programme on

Fin-Tech and Financial Inclusion at BIRD Mangaluru

20 to 22 March 2024

Financial inclusion of the excluded population is one of the major agendas of GoI, RBI and NABARD.

The term FinTech (Financial Technology) refers to software and other modern technologies used by businesses that provide automated and improved financial services. The fast and innovative progresses such as Mobile Payments have changed the way we manage our finances. Tech-savvy customers, especially millennials expect money transfer, lending, loan management and investing to be effortless, secure and scalable, ideally without the assistance of a person or visit to a bank. FinTechs attract interest both from users of banking services and investors of fund, who see them as the future of the financial sector.

Considering the capacity building needs of the stakeholders of this FI initiative and to better understand the Fintech eco-system in India, the resultant effects on Bank Business Models and the impact on global financial services, BIRD, Mangaluru has conducted a 3-day 20th to 22nd March 2024 in-campus training programme on FinTech and Financial Inclusion for bankers. This training programme will focus on the areas relevant to FinTechs and Financial Inclusion, objectives behind establishment of Centre for Financial Literacy (CFLs) etc..

Program Cover on the following area:

1. Financial InclusionConcept, Importance and FI Index
2. FinTech–Impact on Indian Financial System
3. Digital BankingInnovations and Scope
4. FinTech- Impact on Global and National Financial System
5. An Introduction to core technologies driving FinTech including Blockchain, AI, and Big Data
6. KCC, NRLM, IS and NABARD Support for FI
7. FinTech and Financial Inclusion – Area of Supervisory Concern
8. Importance of cybersecurity and related aspects

Manoj Singh from SAKH Foundation participated in this training programme and received valuable information of FinTech and Financial Inclusion through in class training and field visit. This training will help in implementation of FLC Programme on Financial Inclusion supported by Reserve Bank of India.