Tuesday, 27 February, 2024

Fintechs Urged to Meet Monthly Amid Paytm Crisis

The Finance Minister has called upon the RBI and fintech companies to convene monthly meetings following the recent Paytm crisis. This move aims to enhance regulatory oversight and address potential risks in the fintech sector. The meetings seek to foster better communication, collaboration, and regulatory compliance among stakeholders, ensuring the stability and integrity of India's digital financial ecosystem amidst evolving challenges.