In an interaction with TNIE, he said regulations established by the Reserve Bank of India (RBI) have played a crucial role in driving financial inclusion and co-creating financial literacy. Recently, Finance Minister Nirmala Sitharaman met fintech companies and startups, and asked regulators to hold monthly meetings with them to address their issues.
When asked about it, he said it is a welcome move and such open dialogue and regular communication will only help the ecosystem come together to mitigate the data, cybersecurity and KYC-related risks, thereby enabling proper adherence to regulatory frameworks.
This story is from the March 18, 2024 edition of The New Indian Express.
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This story is from the March 18, 2024 edition of The New Indian Express.
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