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About RBI Report
The document is a report by the Working Group on FinTech and Digital Banking established by the Reserve Bank of India. It provides an overview of FinTech and its impact on global and Indian financial services. Key points include: - FinTech refers to emerging technological innovations in the financial sector, with increasing reliance on information technology. It poses challenges and opportunities for financial institutions and newcomers. - The report assesses FinTech's opportunities and risks for the financial system. It examines global regulatory practices and responses to digital disruption. - The Working Group studied FinTech developments, entities, and technology platforms in India. It aims to realign regulations to enhance opportunities while managing risks of the evolving digital landscape.
Detailed Information
Author: | ['Amit Joshi'] |
---|---|
Publication Year: | 2019 |
Pages: | 84 |
Language: | English |
Format: | |
Price: | FREE |
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