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RBI Issues Guidelines For Fintech Self-Regulatory Organisations

The regulator has initiated the process of recognising SROs and invited applications from eligible organisations.

Pragatti Oberoi

Reserve Bank of India (Photo: Vijay Sartape/NDTV Profit)

The Reserve Bank of India has issued guidelines for fintech self-regulatory organisations on Thursday, defining the characteristics, membership eligibility, and other roles and responsibilities. With this, the regulator has initiated the process of recognising SROs and invited applications from eligible organisations.

Also Read: RBI Lays Down Omnibus Framework For Self-Regulatory Entities

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