British Minister's Big Statement on Financial Services in India

British Minister of Indian origin has given a big statement about India. British Chancellor (Minister) Rishi Sunak has said a great deal about financial and insurance services in India. He has also assured to help in completing a scheme of Modi Government.

British Chancellor (Minister) Rishi Sunak has said that there is immense potential for financial services in the talks of a Free Trade Agreement between India and Britain. Speaking during the India Global Forum's UK-India Awards at the UK-India Corridor on Friday, a British cabinet minister of Indian origin said that he sees a huge opportunity for both countries in areas such as fintech.

He has also welcomed the decision to open up the Indian insurance market. The British minister has also expressed confidence in the deadline for preparing the draft free trade agreement by Diwali. Talking to news agency PTI, the British minister said that satisfactory progress is being made in this direction. He has said that the financial services sector is going to be very exciting for him.

Referring to India's plans for Sovereign Green Bonds, the British minister has said that the UK would also like to help India raise that capital once it comes into existence.