Initiatives like Startup India, Digital India, India Stack, Account Aggregators, Peer to Peer (P2P) lending platforms and 24x7 digital payment systems have proved to be 5 NPCI website  6 Reserve Bank of India - Payment System Indicators (July 2022)  3  key enablers. The Fintech ecosystem in India has indeed evolved and is poised for a giant leap. 10.
The Bank of Jamaica had to establish a $ million facility to provide assistance to the commercial banks. This notwithstanding, credibility problems have remained and this is being reflected in capital flight, which has led to a sizeable depreciation of the Jamaican dollar.