"The power and beauty of physical laws is that they
apply everywhere, whether or not you choose to believe in them. In
other words, after the laws of physics, everything else is
opinion."
Neil DeGrasse Tyson, Astrophysics for People in a
Hurry
The law of gravity guides planets, asteroids, and comets in
their orbit around the Sun. It's a fundamental force which
affects everything in our cosmos. Regulation, much like gravity, is
an all-pervasive background force which holds our financial system
together.
At the center of the fintech solar system is the RBI (the Sun).
The RBI's gravitational force keeps regulated entities like
banks and NBFCs (the planets) in orbit. These regulated entities,
in turn, keep their fintech partners (the satellites) in their
orbital path. But what happens when these satellites grow too big
or distant? If the planet's gravitational force isn't
strong enough, its satellites may stray too far and cause
Armageddon in our fintech solar