Three entities complete test phase in the fourth cohort of Reserve Bank of India’s (RBI’s) regulatory sandbox

Three entities complete test phase in the fourth cohort of Reserve Bank of India’s (RBI’s) regulatory sandbox

By Reserve Bank of India

The RBI has completed the “test phase” for 3 of the 6 products that were chosen as the fourth cohort of the regulatory sandbox for ‘Prevention and Mitigation of Financial Frauds’. Having exited the regulatory sandbox, the products can be used by regulated entities to prevent fraud.

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