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Economics2h 32m ago
Yashish Dahiya, Chairman and Group CEO of PB Fintech, discussed the need for India to transform its financial ecosystem, particularly in insurance and credit, to achieve its vision of becoming a developed economy by 2047.
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India
Who
Yashish Dahiya, Monika Halan, PB Fintech, Policybazaar, Paisabazaar
What
Yashish Dahiya, Chairman and Group CEO of PB Fintech, discussed the need for India to transform its financial ecosystem, particularly in insurance and credit, to achieve its vision of becoming a developed economy by 2047.
When
Tue, 16 Jun 2026 08:39:39 GMT · 2h 32m ago
Where
India ·
Why
India's penetration of credit cards, retail health insurance, and term insurance consistently sits at roughly 3% of the population at a family level, hindering its journey to a developed economy.
The Frontline Impact
How this affects you
To become a developed country, India needs to serve the next 30% of its population (half a billion people) with financial products, which will require a shift to a data-driven approach for risk assessment and building trust through transparent claims processing.
Story chain
3 events in this thread- Economics2h 32m agoYashish Dahiya, Chairman and Group CEO of PB Fintech, discussed the structural challenges, opportunities, and reforms needed to build a more inclusive, trusted, and resilient financial system in India, emphasizing the role of data in expanding financial access and the need to improve trust in insurance.Open article
- Economics2h 32m agoYashish Dahiya discussed the need for India to transition to a 'data approach' from a 'capacity approach' to achieve financial inclusion and become a developed economy by 2047.Open article
- Currently Reading2h 32m agoYashish Dahiya, Chairman and Group CEO of PB Fintech, discussed the need for India to transform its financial ecosystem, particularly in insurance and credit, to achieve its vision of becoming a developed economy by 2047.