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fintech | Reserve Bank of India bolstering oversight of fintech firms, signals end to years of light-handed regulation

Fintech firms and their investors were given a foretaste of that approach last month when the Reserve Bank of India ordered sector giant Paytm to wind down its banking unit due to, what it termed, persistent non-compliance with regulations
Development Council Reserve Bank Nirmala Sitharaman Financial Stability Eserve Bank Of India Rbi Paytm Payments Bank Ltd

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Finance Minister Nirmala Sitharaman chairs 28th FSDC meeting in presence of RBI, SEBI top brass

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, led the 28th meeting of the Financial Stability and Development Council (FSDC) in New Delhi. The meeting aimed at ensuring macro-prudential supervision of the economy, including monitoring the functioning of large financial conglomerates.
New Delhi Bhagwat Karad Nirmala Sitharaman Pension Fund Regulatory Corporate Affairs Department Of Financial Services

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