However, the reason I specifically mention this point is that in the wake of recent assessments that the Indian economy is poised to significantly increase its growth rate many people have asked me whether this will be accompanied by an inflationary surge. My answer to this is precisely with reference to the distinction between the short-run and the long-run relationship between growth and inflation.
This ranges from the (1) collection and processing of financial information, (2) the way saving and borrowing is executed, (3) the channels for payment of goods, and (4) money transfers between wallets and accounts, both domestically and across borders. FinTech companies are increasingly offering technology-enabled solutions that can better address customer needs and preferences by offering enhanced accessibility, convenience and tailored products.