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Modi Pitches 'All Inclusive' AI as India and UK Tighten Fintech Links at Global Fintech Fest

He set a three‑pillar plan prioritizing equitable access, population‑scale skilling, and responsible deployment.

Overview

  • Addressing the Global Fintech Fest in Mumbai, Prime Minister Narendra Modi framed AI as a tool for universal empowerment and urged a people‑centric design for financial services.
  • Modi backed a global framework for ethical AI and promoted sharing India’s digital public infrastructure, including MOSIP, as a model for the Global South.
  • UK Prime Minister Keir Starmer led a record 126‑company delegation, pledging investment and visa measures to deepen AI and fintech collaboration, with plans to grow a UKIndia fintech corridor and LSEGIFT City ties.
  • RBI Governor Sanjay Malhotra pressed the sector to apply AI to strengthen Digital Public Infrastructure and to detect and prevent digital fraud in real time.
  • India highlighted capacity building under its AI mission—high‑performance computing, Centres of Excellence, and skilling hubs—alongside UPI’s scale, which accounts for a large share of global real‑time transactions.