By Asheeta Regidi and Aparajita Srivastava, Ikigai Law The Steering Committee on Fintech Related Issues (‘Committee’), set up by the Ministry of Finance, recently...
In a discussion paper on guidelines for payment aggregators and payment gateways, the RBI has suggested that payment aggregators and gateways would need to...
Finance Ministry’s FinTech report recommended that the RBI should make transaction and account history data of users available to fintech companies, after getting “consumer...
Prepaid Payments Instruments (PPI) should be “thoroughly reviewed” and the maximum outstanding limit of Rs 1 lakh in PPI accounts should be “substantially” revised...
Financial regulators such as RBI, SEBI, IRDA and PFRDA should “urgently review” their existing regulatory framework with respect to data protection and privacy concerns,...
The Directorate General of Civil Aviation (DGCA) has certified a drone manufactured by Aarav Unmanned Systems for being compliant with the No-Permission, No-Takeoff (NP-NT)...