09-12-2023 02:12 PM | Source: PR Agency
Decoding implications of RBI`s fintech repository by Ankit Ratan, Co-founder & CEO, Signzy

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Below the Quote on Decoding implications of RBI`s fintech repository by Ankit Ratan, Co-founder & CEO, Signzy

 

The proposed FinTech repository will serve as a critical piece of the regtech infrastructure and promote a culture of transparency among fintech firms in India, especially the digital lending sector. It will be an effective step in controlling financial risks, curtailing cyber frauds, and bringing predictability in the industry thus building a healthy lending ecosystem that benefits both borrowers and lenders. Overall, the close cooperation with the regulator will ensure better compliance and spur innovation.

 

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