TNPSC Thervupettagam

Tamil Nadu Fintech City

June 19 , 2023 517 days 1152 0
  • Chief minister laid the foundation stone for the development of Fintech City and Fintech Tower in Nandambakkam.
  • The Fintech city is expected to attract investments to the tune of 12,000 crore and create employment opportunities to 80,000 people.
  • A Fintech wing has been set up in the Guidance Bureau and a Fintech governing council led by the industries minister has been constituted by the government.
  • The government provided incentives to firms investing more than 50 crores.
  • TN already released a special policy called Tamil Nadu FinTech Policy 2021 to make Tamil Nadu a global hub for FinTech companies by 2025.

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