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  • Pre-Budget Expectation Quote by Mr. Ashish Goyal, Co-Founder and CFO of Fibe

    Published on January 31, 2023

    Mr. Ashish Goyal, Co-Founder and CFO of Fibe expectations from budget 2023:

    “Over the past few years, new-age technology has propelled the fast growth and expansion of the fintech industry. In the upcoming budget 2023-2024, we are expecting an accelerating financial inclusion by recognising the role of fintech in making credit and financial products easily available to the multitudes. Given that fintech is already involved in financial inclusion, creating a separate category of borrower loans that classify as a priority sector will help achieve the inclusion goal. New technologies such as AI and ML will adopt the consumers in the coming years and hence, the focus will be enhancing the digital infrastructure by investing in Open Network for Digital Commerce (ONDC). As the announcement is not so far, we also wish to see the rationalisation of taxation related to ESOPs to promote and attract the right talent further in emerging sectors.”

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