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
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 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...
19 Jun, 2024, 06.47 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 readies framework for SROsIndia's central bank sets guidelines for SROs including grievance redressal mechanisms, non-discriminatory fees, and adherence to regulator...
22 Mar, 2024, 12.39 AM 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
Be an ally in ensuring better compliance, protecting stakeholder interests, RBI tells SROsThe Reserve Bank of India (RBI) has called on all self-regulatory organizations (SROs) from various sectors to focus on ensuring better com...
21 Dec, 2023, 07.15 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
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...
14 May, 2021, 09.11 AM IST
IBA, PCI in talks to set up regulatory body for digital paymentsThis will be under the Reserve Bank of India's newly issued Self-Regulatory Organization (SRO) framework for Payment System Operators.
04 Nov, 2020, 06.23 AM IST
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...
22 Oct, 2020, 10.22 PM IST
RBI proposes self-regulatory body for digital payment systemThe move can be seen to improve the security of digital transactions and prices and charges paid by the consumer to access the digital paym...
06 Feb, 2020, 12.42 PM IST
MFIN to seek RBI nod to become 'self-regulatory organisation' by month-endMFIN, the umbrella body of micro-finance companies, will be seeking the RBI's approval to become a self- regulatory organisation by month e...
15 Dec, 2013, 12.50 PM IST
Microfinance Institutions Network welcomes RBI's guidelines for micro-finance industryRBI norms for self-regulatory organisations of NBFCs engaged in micro-finance would aid process of improved governance and grievance redres...
28 Nov, 2013, 09.13 PM IST
MFIN welcomes RBI's guidelines for microfinance industryRBI norms for self-regulatory organisations of NBFCs engaged in micro-finance would aid the process of improved governance.
28 Nov, 2013, 07.44 PM IST
Industry groups to be self regulatory bodies for NBFC-MFIs: RBIRBI decided to accord recognition to industry associations as self regulatory organisations of non-banking financial companies that are eng...
26 Nov, 2013, 09.51 PM IST