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...
22 Apr, 2025, 01.46 PM IST
Fintech self-regulatory organisations should have broad representation: Amitabh Kant“India's fintech sector is highly diverse, with various business models and regulatory requirements. There has to be safeguarding against c...
04 Apr, 2025, 05.39 PM IST
India's fintech sector gets a governance boost with launch of India Fintech FoundationIndia Fintech Foundation (IFF) was officially launched at Startup Mahakumbh as a proposed self-regulatory organization for the fintech indu...
04 Apr, 2025, 03.34 PM IST
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...
28 Mar, 2025, 06.00 AM IST
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...
25 Mar, 2025, 05.54 PM IST
RBI's new guidelines for account aggregators envisage net worth of Rs 2 croreThe Reserve Bank of India (RBI) has introduced a new framework for recognising self-regulatory organisations (SROs) in the account aggregat...
12 Mar, 2025, 06.20 PM IST
Self Regulatory Organisation needs to keep fintech sector in check: RBI Dy Guv T Rabi SankarReserve Bank of India's Deputy Governor T Rabi Sankar addressed the Global Fintech Festival 2024, discussing the need for Self Regulatory O...
29 Aug, 2024, 09.18 PM IST
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...
29 Aug, 2024, 12.35 PM IST
Banks look to form their own self-regulatory body for fintechsBanks 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...
15 Jul, 2024, 11.55 PM IST
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...
30 May, 2024, 08.51 PM IST
RBI releases finalised framework for Indian fintech sector's self-regulatory bodyThe Reserve Bank of India (RBI) has finalized a framework for self-regulatory organizations (SROs) in the fintech sector, considering stake...
30 May, 2024, 04.24 PM IST
RBI issues draft framework for fintech self-regulatory bodiesThe main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly, even in the absence of formal ...
16 Jan, 2024, 08.52 AM IST
Digital lending sector continued steady growth in September quarter: reportThe report estimated that around three crore loans were disbursed during the quarter by these 37 companies, of which 28 are either NBFCs th...
12 Dec, 2023, 12.21 PM IST
Fintechs take steps towards self-regulation after RBI pushFACE has dozens of digital lenders as its members, including players like Fibe, Kissht, LoanTap, Cashe, KreditBee, Paynearby, and Paisabaza...
16 Sep, 2023, 12.40 PM IST
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...
07 Sep, 2023, 07.26 PM IST
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...
21 Apr, 2023, 01.29 PM IST
Fintechs to seek clarity on RBI lending rulesThe RBI has, in the digital lending rules, addressed malpractices by illegal Chinese apps, putting a lid on measures such as data scraping ...
11 Aug, 2022, 06.00 AM IST