Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Views

India badly needs a regulatory sandbox for payments. Here’s why

Updated : January 31, 2019 08:59 AM IST

Several countries have launched sandboxes to encourage fintech innovation. The structures and mandates of each of these sandboxes have varied significantly.
The RBI could consider a hybrid model for India, combining features of the various structures existing around the world.
Keeping in mind the RBI’s goal of increasing participation in the payments industry, such a sandbox should be made available to both licensed banks and payment system providers as well as unlicensed fintech companies.
India badly needs a regulatory sandbox for payments. Here’s why
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV