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RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
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RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
MK Jain, Deputy Governor of India's central bank, explains the various benefits and risks posed by FinTech and how India is trying to balance...
The decision taken by the RBI is related to the payment-aggregator licences which were issued to these companies in 2022.
The RBI released a new regulatory framework to govern digital lending including lending through online platforms and mobile apps
With this move, the central bank looks to keep up with innovation in the fintech sector while staying wary of Big Tech.
Read the recommendations made by the working group set up by the RBI to study all aspects of digital lending.
In a speech, the deputy governor laid out risks posed by Big Tech and referred to some of the RBI's reforms that faced pushback.
Mastercard's non-compliance with data localisation norms laid down by the RBI had left Yes Bank with little choice.
The first two cohorts under the RBI's sandbox pertained to regulations on other issues like retail payments.
We missed this earlier: The Reserve Bank of India (RBI) on June 14 issued a consultative document prescribing new regulatory frameworks for various lenders in the...
