RBI to set up fintech department

By IndianMandarins- 10 Jan 2022


New Delhi (10.01.2022): Reserve Bank of India (RBI) said it will put together a Fintech Department in view of the sector’s rapidly changing landscape.
In an internal circular, RBI said it decided to set up the department to further focus and facilitate innovation in the Indian fintech sector. The department will not only promote innovation in the sector but also identify the challenges and opportunities associated with it,” RBI said in a circular.

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