RBI proposes regulatory sandbox in bid to grow fintech sector

reserve-bank-of-india

The Reserve Bank of India (RBI) has become the latest central bank to propose a regulatory sandbox, which would allow firms to test new fintech products with lighter regulations.

The central bank published a draft proposal on April 18, outlining plans to allow 10–12 companies to beta-test new products on a limited number of customers. The proposal came after the RBI set up an inter-regulatory working group in 2016 to suggest new ways for the country to respond to and encourage the growth of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected]albanking.com to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: