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The RBI has informed the Delhi High Court that operations of techfin firms such as Facebook, Google and Amazon in India's financial sector space are being regulated under the relevant laws and they have been permitted to function only after necessary compliances. A similar stand has been taken by markets regulator Sebi which said that there are already adequate provisions in place providing mandatory registration for any entity entering into the securities market. The Securities and Exchange Board of India (Sebi) has also said that it has constituted a Market Data Advisory Committee "to re...

Financial operations of FB, Google, Amazon regulated, RBI, Sebi tell HC Top Searches Financial operations of FB, Google, Amazon regulated, RBI, Sebi tell HC PTI / Updated: Jan 29, 2021, 19:05 IST FacebookTwitterLinkedinEMail File image used for representation NEW DELHI: The RBI has informed the Delhi high court that operations of tech fin firms such as Facebook, Google and Amazon in India's financial sector space are being regulated under the relevant laws and they have been permitted to function only after necessary compliances. A similar stand has been taken by markets regulator Sebi which...

Financial operations of Facebook, Google, Amazon regulated: RBI, Sebi tell Delhi High Court RBI said the decision to allow an entity to operate on UPI is solely taken by the NPCI, which has framed the system rules, guidelines, and procedures governing the UPI payment system. 0 claps The Reserve Bank of India has informed the Delhi High Court that operations of tech-fin firms, including Facebook, Google, and Amazon in India's financial sector space are being regulated under the relevant laws, and they have been permitted to function only after necessary compliances. A similar stand has been ...

Cryptocurrency industry hopeful as RBI mulls over digital currency ​ By IANS | Published on ​ Wed, Jan 27 2021 19:21 IST | ​ 0 Views Bitcoin.. Image Source: IANS News New Delhi, Jan 27 : With the Reserve Bank of India (RBI) now saying that it is exploring the need for a digital version of fiat currency, cryptocurrency stakeholders have called to move a step in the right direction towards strengthening the fintech ecosystem in the country. The RBI made the remarks in a booklet titled "Payment and Settlement Systems in India" released this week. "Private digital currencies (PDCs) / v...

Reserve Bank of India (RBI) has set up a Working Group to study all aspects of digital lending activities in the regulated financial sector as well as by unregu