In Short:Mumbai's RBI deputy governor T. Rabi Sankar emphasized that improving cross-border payment efficiency requires new technologies and participants beyond traditional banking. He highlighted...
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...
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....
