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RBI to issue guidelines on regulatory sandbox in next two months: RBI Governor Shaktikanta Das

Updated : March 25, 2019 01:46 PM IST

A regulatory sandbox is a framework set up by a regulator that allows FinTech startups to conduct live experiments in a controlled environment under supervision.
"A Regulatory Sandbox' would benefit FinTech companies by way of reduced time to launch innovative products at a lower cost. Going forward, the Reserve Bank will set up a regulatory sandbox, for which guidelines will be issued in the next two months," he said at an event organised by NITI Aayog.
RBI to issue guidelines on regulatory sandbox in next two months: RBI Governor Shaktikanta Das

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