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Fintechs push for policy overhaul in Budget 2024: Seeking regulatory clarity, licensing improvement, tax reforms.

In Short:Fintech startups seek clear regulatory framework to establish recognition, licensing, and supervision. Lack of transparency in licensing processes causing delays in RBI license...

RBI grants in-principle approval to Revolut for prepaid payment license

In Short:Revolut India has received approval from the RBI to issue prepaid payment instruments in India, allowing the global fintech firm to operate domestically....

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