Reserve Bank of India (RBI) releases final framework for Self-Regulatory Organisations in the fintech sector (SRO-FT).

Reserve Bank of India (RBI) releases final framework for Self-Regulatory Organisations in the fintech sector (SRO-FT).

By Reserve Bank of India

The RBI, which invited feedback for a draft framework in January 2024, has finalized the SRO-FT framework, emphasizing the need for self-regulation to address concerns such as customer protection, data privacy, and cyber security in the rapidly evolving fintech landscape.

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