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ARTICLE · 13 MARCH 2025

AKP Banking & Finance Digest March 11, 2025

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The Reserve Bank of India ("RBI") Governor Sanjay Malhotra, along with Deputy Governors, held an interactive session with non-bank Payment System Operators and Fintech firms...

IndiaFinance and Banking
Anuroop Omkar
Anuroop Omkar

1. Regulatory Updates

1.1. India

Reserve Bank of India (RBI)

1.1.1. RBI stresses compliance for FinTech and payment operators in the industry meet

The Reserve Bank of India ("RBI") Governor Sanjay Malhotra, along with Deputy Governors, held an interactive session with non-bank Payment System Operators and Fintech firms, emphasising the need for regulatory compliance. While acknowledging its role in India's financial growth, the RBI reinforced its commitment to responsible innovation and a consultative approach. Industry participants shared feedback on evolving trends, regulatory expectations, and the future of the payments and fintech ecosystem. RBI

1.1.2. RBI to inject INR 1 lakh crore via OMO & USD/INR swap to manage liquidity

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