Even if phone network is not available, the country is now moving towards 6G.
So that, if anything is happening, we can take immediate action. Reserve Bank of India Deputy Governor R Gandhi said that we need a large number of financial institutions to make India a developed nation. He further said that we should license more banks and finance companies. We should consciously encourage select banks and financial institutions to become bigger. We need more differentiated and specialized banks and specialist banks, digital-world banks, investment banks and gold banks.
After successfully establishing 5G network in record time, India is now rapidly moving forward in 6G technology. This statement was given by experts on Friday. Deputy Director General of the Ministry of Communications, Sumanesh Joshi, said that today, everyone has a bank account which is available for financial loans or micro loans, micro insurance, mutual funds and even shares. Creates a strong ecosystem for innovative services like related products. Addressing an event organized by ASSOCHAM, Joshi said that we have to take advantage of the ecosystem created on our behalf. Today we are able to transact only Rs 5, Rs 10, Rs 15. Now we can think of making payments without smartphones, without QR codes. Aadhaar-based payments is the next logical step and connecting all the systems is the need of the hour today. In his address, he further said that India has established the fastest 5G network in the world and is preparing to move forward in 6G also. He further said that effective steps should be taken to stop international calls showing Indian numbers. Joshi further said that this is an important step to deal with fake calls. There is a need for collaboration between ecosystem partners to share real-time data, be it fintech industry, communications or Government of India, police, state government. So that, if anything is happening, we can take immediate action. Reserve Bank of India Deputy Governor R Gandhi said that we need a large number of financial institutions to make India a developed nation. He further said that we should license more banks and finance companies. We should consciously encourage select banks and financial institutions to become bigger. We need more differentiated and specialized banks and specialist banks, digital-world banks, investment banks and gold banks.
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