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RBI Draft Norms: Fintech SROs and Regulatory Framework
RBI Releases Draft Norms for Fintech Self-Regulatory Organisations The Reserve Bank of India (RBI) has taken a significant stride towards fostering a robust fintech ecosystem by releasing draft norms for the establishment of self-regulatory organizations (SROs) in the fintech sector. This move aims to streamline and regulate the burgeoning fintech industry, providing a framework for…