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HomeNewsOpinionThe RBI has a new regulatory mantra: SROs are the future

The RBI has a new regulatory mantra: SROs are the future

The emergent SRO framework clearly seems to be fintech-plus; its categorical mention of “various Regulated Entities” and the pointed omission of specific categories seems to suggest that regulation via SROs could well be the new regulatory mode for the Indian financial sector

October 18, 2023 / 10:02 IST
The central bank in recent times has concerned itself with only two SROs: one in the payments industry and one for the fintech industry
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