Rumours are being circulated in sections of social media about operations of banks to create panic among the public. All are advised not to fall prey to such baseless and false rumours.
RBI Regulatory Sandbox framework announced today.
The eligibility criteria to join the RS has been made broadbased to include the entire ecosystem, viz., FinTechs, Statups, banks and collaboration among them. A much awaited regulatory innovations for Indian FinTech ecosystem.
@RBI@YogeshDayal17@DasShaktikanta CMS, a comprehensive complaints management system that will monitor entire cycle of resolution of customer grievances. Another initiative by RBI to empower customers.
A big congrats to a huge well wisher and mentor @NitinHDFCBank on this really big move. Best wishes. And happy to see the file photo of the article one of the @mychillr events! ;)
https://t.co/wkP1H6rGcY
RBI released draft framework on FinTech Regulatory Sandbox. A much awaited step towards making India a hub for innovators and disruptors in finacial services.
https://t.co/Dv4fS5EfAG
A ‘Regulatory Sandbox’ would benefit #FinTech companies by way of reduced time to launch innovative products at a lower cost. The @RBI will set up a regulatory sandbox, for which guidelines will be issued in the next 2 months: #RBI Governor @DasShaktikanta at #FinTechConclave2019