News Views: Why the RBI deputy governor is wrong about asking fintech to self-regulate RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance. Sarvesh MathiSeptember 6, 2023
News What is India’s approach to regulating the FinTech sector? RBI Deputy Governor explains 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... Sarvesh MathiMarch 15, 2023
News India’s central bank restrains fintech entities like Razorpay from onboarding new merchants: Report The decision taken by the RBI is related to the payment-aggregator licences which were issued to these companies in 2022. MitakshDecember 17, 2022
News Summary: What are RBI’s new rules for digital lending apps and service providers? The RBI released a new regulatory framework to govern digital lending including lending through online platforms and mobile apps Sarvesh MathiSeptember 6, 2022
News RBI establishes fintech department to address issues and leverage opportunities in the sector With this move, the central bank looks to keep up with innovation in the fintech sector while staying wary of Big Tech. MitakshJanuary 10, 2022
News Summary: RBI report on regulating digital lending and curbing the menace of predatory lending apps Read the recommendations made by the working group set up by the RBI to study all aspects of digital lending. Sarvesh MathiNovember 25, 2021
News Wary of Big Tech, RBI pushes for regulations that are focused on fintech entities 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. Aihik SurOctober 1, 2021
News Yes Bank starts issuing cards on Visa network after RBI’s Mastercard ban Mastercard's non-compliance with data localisation norms laid down by the RBI had left Yes Bank with little choice. Sarvesh MathiSeptember 21, 2021
News RBI will allow companies in MSME lending to live test regulations The first two cohorts under the RBI's sandbox pertained to regulations on other issues like retail payments. MitakshSeptember 14, 2021
News Summary: RBI’s proposed guidelines for microfinance lenders 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... Sarvesh MathiJuly 15, 2021