Fintechs must design for all, says RBI governor

increase transparency and awareness in consent management and data sharing under the account aggregator framework," he said.

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RBI has been continuously engaging with the fintech ecosystem: Malhotra

(REUTERS)

He added that the success of this will, however, depend on interoperability between financial platforms and expansion in delivery of credit through the Unified Lending Interface (ULI) platform.

"The foundation of digital public infrastructure (DPI) has allowed these fintechs to set up quickly and to scale rapidly and deliver targeted solutions to not only address current but also future challenges," Malhotra said.