WebJun 22, 2024 · With the regulatory arbitrage now being plugged slowly, it is expecting a slowdown in growth and profitability prospects for the fintech sector in India. . According to the brokerage, RBI has been coming down heavily on fintechs. Given the increasingly dominant role of fintech companies in the payments ecosystem, RBI’s Payments Vision … WebAug 18, 2024 · Here is the inside story. Anand Adhikari. Print Edition: Sep 06, 2024. Illustration by Raj Verma. One bad apple spoils the entire basket," says the founder of a Mumbai-based financial technology ...
RBI promotes Kumar, Choudhary as EDs - The Hindu
WebJan 9, 2024 · The new fintech department will also provide a framework for further research on the subject, to aid policy interventions by the RBI. “All matters related to the facilitation of constructive innovations and incubations in the fintech sector, which may have wider implications for the financial sector/markets and falling under the purview of the [RBI] will … WebJan 10, 2024 · ET NOW accesses RBI's internal circular. RBI recognises need for fintech dept. Will RBI Fintech dept spur innovation? What does the new department mean for t... philip permutt website
RBI sets up fintech division to regulate new tech, address industry ...
WebChief Administrative Officer (CAO) Mr. Gopal Natarajan is the Chief Administrative Officer (CAO) of the Reserve Bank Innovation Hub. He brings with him over 35 years of experience in Reserve Bank of India, covering areas such as Regulation and Supervision of Commercial Banks, Co-Operative Banks, Non-Banking Finance Companies, Currency ... WebJan 10, 2024 · January 10, 2024. 2 minute read. The Reserve Bank of India (RBI) has set up a fintech department that came into effect on January 5, 2024, in order to facilitate the sector via innovations and offer an undivided focus. The fintech sector has been at the top receiving funding from marquee investors. The fintech division was first set up under ... WebApr 12, 2024 · Invitation for public comments on proposed IFSCA (Management Control, Administrative Control and Market Conduct of insurance business) Regulations, 2024. 2nd & 3rd Floor, PRAGYA Tower, Block 15, Zone 1, Road 1C, GIFT SEZ, GIFT City, Gandhinagar, Gujarat - 382 355. + 91-79- 6180-9800. info-desk [at]ifsca (.)gov (.)in. philippe robichon