Banks, NBFCs, brokers and fintechs are investing in Sahamati, with major lenders and platforms taking nearly 2–8.5% stakes. The move aligns...

The RBI has actively engaged with fintech startups to foster ongoing dialogue, helping both sides understand each other’s expectations bett...

“India's fintech sector is highly diverse, with various business models and regulatory requirements. There has to be safeguarding against c...

India Fintech Foundation (IFF) was officially launched at Startup Mahakumbh as a proposed self-regulatory organization for the fintech indu...

Happy Friday! Gensol Engineering’s financial struggles are severely impacting ride-hailing company BluSmart. This and more in today’s ETtec...

What 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...

Happy Wednesday! IPO-bound Groww is shoring up new funds as it doubles its valuation. This and more in today’s ETtech Morning Dispatch.

Founders of fintech startups such as Jupiter, Fi, and Lendingkart have formed a new umbrella organisation aiming to secure a fintech-SRO li...

The Reserve Bank of India (RBI) has introduced a new framework for recognising self-regulatory organisations (SROs) in the account aggregat...

A senior official from the Reserve Bank of India stressed that fintech companies should prioritize social and macroeconomic interests over ...

Reserve Bank of India's Deputy Governor T Rabi Sankar addressed the Global Fintech Festival 2024, discussing the need for Self Regulatory O...

The Reserve Bank of India has designated the Fintech Association for Consumer Empowerment (FACE) as a Self-Regulatory Organisation in the F...

Banks plan to form a Section 8 entity under the Companies Act to secure an SRO license for the fintech sector. Talks have included the Paym...

The RBI had unveiled draft guidelines in January this year, following which industry participants sent in their responses. The regulator wa...

The Reserve Bank of India (RBI) has finalized a framework for self-regulatory organizations (SROs) in the fintech sector, considering stake...

The main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly, even in the absence of formal ...

"What is needed for the sustainable development and growth of the fintech ecosystem is the right thrust on customer-centricity and better g...