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HomeNewsBusinessPersonal FinanceComing soon: A new regulator to monitor your fintech apps. Here's what a fintech SRO can do

Coming soon: A new regulator to monitor your fintech apps. Here's what a fintech SRO can do

The RBI has released a draft framework for fintechs to create self-regulatory organisations (SRO-FT) which will ensure members adhere to industry standards and comply with relevant laws and regulations. That apart, they will play an important role in serving consumer interest

January 19, 2024 / 08:46 IST
At its very core, the SRO will act as a conduit between fintech companies and the RBI, the regulator.
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