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RBI FINTECH DEPARTMENT
RBI panel to evaluate impact of quantum tech in financeThe Reserve Bank of India has formed an eight-member committee to explore quantum technology's role in finance. Headed by an IIT Madras pro...- RBI to examine role of quantum technology in strengthening financial sectorThe Reserve Bank of India is forming an expert committee to study quantum technology's role in finance. This new technology could revolutio...
- Rohit Jain appointed RBI deputy governorRohit Jain, a Reserve Bank of India executive director, has been appointed deputy governor. His term begins on or after May 3, 2026, and wi...
- RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
- RBI took initiative to bridge communication gap with fintechs: Deputy governorThe RBI has actively engaged with fintech startups to foster ongoing dialogue, helping both sides understand each other’s expectations bett...
- Govt approves one-year extension to RBI Deputy Governor Rabi SankarThe Indian government has extended the term of RBI Deputy Governor T Rabi Sankar by one year. Appointed in May 2021 for a three-year term, ...
- Hit a regulatory bump? Interministerial panel set up to address fintech troublesThe government has formed an inter-ministerial committee to address fintech industry challenges, balancing innovation with regulation. It i...
- Stuck digital lenders look to RBI to ease unsecured loan rulesThe digital lending industry is urging the Reserve Bank of India (RBI) to reinstate short-term credit products, underscoring a clear need w...
- RBI sets up 8-member panel on ethical use of AIThe Reserve Bank has formed an eight-member committee to develop a framework for ethical AI in the financial sector. Headed by IIT Bombay p...
- RBI recognises FACE as self-regulatory organisation in FinTech sectorThe Reserve Bank of India has designated the Fintech Association for Consumer Empowerment (FACE) as a Self-Regulatory Organisation in the F...
- RBI Guv Shaktikanta Das launches PRAVAAH, Retail Direct mobile app and FinTech RepositoryThe Reserve Bank of India (RBI) has launched three major initiatives to enhance regulatory processes, facilitate retail investment, and pro...
- FM Nirmala Sitharaman tells regulators to meet fintechs, startups every monthFinance Minister Nirmala Sitharaman met representatives from the fintech industry on Monday to hear their concerns in the wake of the centr...
- FM Nirmala Sitharaman to meet fintech heads next weekFinance Minister Nirmala Sitharaman will convene a meeting with fintech leaders, RBI officials, and representatives from key ministries on ...
- RBI fintech department gets a new boss in P VasudevanAjay Kumar Choudhary, who was the previous executive director in charge of the fintech department has retired, said a senior banker in the ...
- Game streaming firms plan global expansion; Razorpay’s $300-mn tax bill for reverse flippingTwo of India’s major gaming-focused streaming platforms are eyeing expansion in international markets to take on bigger rivals such as YouT...
- Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: RBI official"What is needed for the sustainable development and growth of the fintech ecosystem is the right thrust on customer-centricity and better g...
- 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...
- Fintechs seek six months to comply with RBI credit rule“This is very critical as other RBI guidelines like the one on co-branding cards came in advance, giving time to companies to react. Monday...
- RBI to set up new fintech department to push innovationIn an internal circular, the Reserve Bank of India (RBI) said it decided to set up the fintech department to further focus and facilitate i...
- RBI elevates two officials to executive directors' postAjay Kumar Choudhary the chief general manager in charge of department of supervision will take over as executive director, fintech, risk m...
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