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Get real-time updates on various industries, including banking, infrastructure, and manufacturing. LiveMint covers major news in advertising, agriculture, energy, HR, infotech, media, retail, and telecom. They’re dedicated to providing expert insights and analysis. Recently, the RBI highlighted the need for balancing fintech innovation with caution and recognized the first self-regulatory organization for the sector after receiving three applications.
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<span class="timeStamp">29 Aug 2024, 12:07:51 AM IST</span>
<h2 class="liveTitle">Banking News Live: Striking the Right Balance in Fintech Innovation</h2>
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<li>The **Reserve Bank of India (RBI)** is stepping up its game by acknowledging the first self-regulatory organization (SRO) for the fintech sector. This milestone comes just a year after the SRO framework was introduced at the previous Global Fintech Fest (GFF). The central bank evaluated three applications during this process.</li>
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<p>Read the full story <a href="#">here</a>.</p>
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