What's next for Paytm after RBI's clampdown on Paytm Payments Bank?
India Business News: In a surprising development that has sent shockwaves through India's fintech sector, the Reserve Bank of India (RBI) on Wednesday issued a stern direc.
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India Business News: In a surprising development that has sent shockwaves through India's fintech sector, the Reserve Bank of India (RBI) on Wednesday issued a stern direc.
Budget 2024: Though the Budget will be a vote on account, economists and experts feel the government will maintain its focus on fiscal consolidation, business and taxation law simplification, infrastructure development, support for MSMEs, and financial inclusion.
“To maintain credibility, the SRO-FT should operate independently, free from the influence of any single member or group of members,” RBI said.
Mumbai, The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) for FinTech Sector', laying down the characteristics
The body would work towards strengthening governance standards and addressing the sector's needs and challenges, said RBI