RBI Governor bats for self-regulation of Fintech sector

Mumbai (Maharashtra) [India], August 28 (ANI): The preferred approach for prudent regulation of the ever-growing fintech sector should be self-regulation, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday.

Speaking at the Global Fintech Fest in Mumbai, the RBI Governor said a sustainable and orderly development of the fintech sector would require an appropriate balance between innovation and prudence.