RBI Clarifies on Paytm Payments Bank: Highlights Data Privacy, Not Tougher Fintech Rules !
19 Feb 2024
The Reserve Bank of India (RBI) is assuring the fintech sector, especially after recent events involving Paytm Payments Bank. P. Vasudevan, an executive director at the RBI, clarified to Bloomberg that the central bank is more concerned about data privacy than imposing tough rules. Despite worries about regulatory actions against...
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