RBI Governor Das advocates for fintech self-regulation to ensure balanced innovation with integrity

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3 months ago

At the Global Fintech Fest 2024, RBI Governor Shaktikanta Das highlighted the importance of self-regulation in India's fintech sector, which has attracted $6 billion in investments over the past two years. He emphasized the central bank's focus on expanding UPI and RuPay globally, strengthening financial infrastructure, and fostering international cooperation. Das also introduced the upcoming Unified Lending Interface (ULI) to transform India's lending ecosystem, positioning the country as a global leader in digital finance and innovation.

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Economic Times

Topics:

ULI

UPI

JAM

Shaktikanta Das

Reserve Bank of India

RBI

Fintech sector

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