PDP's Iltija accuses Omar Abdullah of 'erasing' Urdu in Jammu & KashmirThe Peoples Democratic Party has accused Jammu and Kashmir Chief Minister Omar Abdullah of removing Urdu from official records. PDP leader ...
Sahamati secures Rs 50 crore in funding from large banks, AMCs, stockbrokers and fintechsSahamati, the NBFC-Account Aggregator body, has raised Rs 50 crore from major banks, asset management companies, stockbrokers, and fintechs...
Asim Munir's double game: Pakistan punches a legal hole in US naval blockade of IranPakistan has created a legal pathway for Iran-bound goods to bypass a US naval blockade. This move comes as Pakistan also mediates a US-Ira...
Banks, asset management firms, stock brokers set to be shareholders in SahamatiBanks, NBFCs, brokers and fintechs are investing in Sahamati, with major lenders and platforms taking nearly 2–8.5% stakes. The move aligns...
Race to become an SRO heats up in fintech sectorWhat is an SRO? The RBI laid out the framework for a fintech SRO in May 2024. As per the vision of the regulator the SRO's main job would b...
Fintech founders join hands to form new industry body, aim to become fintech SROFounders of fintech startups such as Jupiter, Fi, and Lendingkart have formed a new umbrella organisation aiming to secure a fintech-SRO li...
RBI invites applications for recognition of SROs for NBFCsThe Reserve Bank of India (RBI) has invited applications for Self-Regulatory Organisations (SROs) to oversee non-banking financial companie...
RBI unveils final guidelines for fintech SROThe RBI had unveiled draft guidelines in January this year, following which industry participants sent in their responses. The regulator wa...
Misinformation Combat Alliance moots multi-stakeholder consultative approach to SROIn the letter sent on Friday, the MCA said the SRO framework would be "non-partisan" and establish "transparent fact-checking". The not-for...
Fintech firms struggle to come together for self-regulationThe idea of creating an SRO was mooted by the RBI governor in March. But more than a month since, the companies haven’t been able to procee...
SRO to vet fact-checkers for non-government-related news gets Centre's nodOver the next few days, the Misinformation Combat Alliance is likely to provide details, such as the timeline for setting up the SRO and th...
WinZo pings government against egaming self-policing planFounders tell govt that SRO with any monopolistic entity may prove counter-productive.
Exclusive: IAMAI, iSPIRT in fray to set up regulatory body for digital payments in IndiaUnder the RBI’s Self-Regulatory Organisation (SRO) framework, the regulatory body will liaison between the industry, government and regulat...
RBI issues guidelines for self-regulatory organisation for payment system operators"Interested groups/association of PSOs (banks as well as non-banks) seeking recognition to be an SRO may apply to the chief general manager...
Cash management companies form SRO to address industry risksThe move is a part of the Reserve Bank directive to banks that came out in April for setting standards for engaging service providers in ca...
SRO for mutual fund distributors runs into rough weatherIMFI was granted in-principle approval by Sebi, a decision that's been challenged by FPSF before the Securities Appellate Tribunal.
Formation of SRO will increase reach of mutual fund products: Rajiv BajajSRO for the mutual fund industry will help increase its reach, Bajaj Capital Vice-Chairman and Managing Director Rajiv Bajaj said today.