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RBI SRO GUIDELINES
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...
RBI grants self-regulatory body status to FIDC for non-bank lending sectorThe Reserve Bank of India granted self-regulatory organisation status to the FIDC on Friday. This action aims to enhance compliance in the ...
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...
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...
RBI issues norms for recognition of self-regulatory organisations in financial marketsThe Reserve Bank of India introduced a framework for self-regulatory organizations in financial markets, setting a ₹10 crore eligibility th...
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...
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...
Oyo’s maiden annual profit; RBI guidelines for fintech SROIn a significant turnaround, hospitality startup Oyo reported its first annual profitable fiscal on Thursday. This and more in today’s ETte...
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...
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 ...
RBI's draft rules on fintech SRO; Pixxel unveils mega facilityThe main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly even in the absence of formal r...
2024: How the fintech industry will learn to live a regulated lifeFor Razorpay and Cashfree, Christmas came a week early, as after a year of being under embargo from the RBI, which halted new merchant onbo...
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...
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...
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 ...
RBI set to put onus on lenders to monitor loan appsThe Reserve Bank of India's working group on digital lending is all set to lay down strict governance and regulatory rules for loan recover...
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...
Digital payments index to assess industry potentialThe banking regulator will make the index available in the public domain from July 2020.
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...
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.