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RBI REGULATORY SANDBOX
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Curb your overenthusiasm: Why India must avoid early overregulation while drafting rules for new techIndia faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...
- Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
- RBI selects 5 entities under its regulatory sandbox schemeThe Reserve Bank selected five entities for testing innovative financial solutions under a regulatory sandbox. These include Indian Banks' ...
- RBI tweaks norms related to Regulatory Sandbox schemeReserve Bank of India revised the guidelines for the Regulatory Sandbox (RS) scheme, requiring participating entities to adhere to digital ...
- RBI releases enabling framework for regulatory sandbox to aid fintechsIn a note released on Wednesday, the central bank said a sandbox environment allows the regulator to engage with startups and “develop inno...
- ET Explainer: What's a regulatory sandbox? How it spurs innovationThe 2023 Telecommunications Act requires the establishment of regulatory sandboxes (RSs) to assess and promote innovation in emerging commu...
- RBI allows six entities to test fintech products to deal with financial frauds under sandbox schemeThe Reserve Bank announced the opening of the fourth cohort under the regulatory sandbox in June 2022 for the prevention and mitigation of ...
- Inter-operable regulatory sandbox to be on ‘on tap' basis, says RBIA regulatory sandbox is a highly controlled environment provided by the central financial body to fintechs/financial institutions to test o...
- HDFC Bank, Precision Biometric to test applications under RBI's sandbox schemeRegulatory sandbox (RS) refers to live testing of new products or services in a controlled/test regulatory environment for which regulators...
- Regulatory sandbox to spur innovations in MSME spaceA cohort on MSME Lending is expected to spur innovations that can fill the lending gap for MSMEs through the innovative use of technology a...
- RBI opens third cohort under the Regulatory Sandbox“The MSME segment has emerged as the growth engine of Indian economy contributing significantly to the economic and social development of t...
- Two entities start testing products under RBI's regulatory sandbox"Two entities...have started testing of their products from November 16, 2020. The remaining four are expected to start the test phase shor...
- Fintech game changer or a work in progress? RBI's sandbox move divides industryBackers are calling the initiative a game changer even as others seek more operational clarity.
- RBI allows fintech companies, financial institutions to set up regulatory sandboxThe RBI said the RS fosters 'learning by doing' on all sides and regulators obtain first-hand empirical evidence on the benefits and risks ...
- Insurance cover a must for fintechs participating in RBI sandboxThe framework document also doesn’t provide any legal waiver to the companies operating in the sandbox. Furthermore, any loss incurred by t...
- Regulatory sandbox and fintech innovationThese sandboxes may help usher in improvements in financial inclusion through innovations.
- Fintech startups can test regulatory sandbox: RBI draftThe draft in detail proposes application criteria and design framework for fintech startups wishing to participate in the RS.
- RBI to form regulatory sandbox for fintech, set up data science labIt has set up an inter-regulatory working group to study regulatory issues relating to fintech and digital banking in India.
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