"Serious fintech players understand RBI's regulatory approach very well. Our bilateral engagement with fintech players and associations have been great.Our fintech department has holding regular meetings individually and as a group. Last year we announced a fintech SRO, which will act as an interface between RBI and fintech players," says RBI Governor Shaktikanta Das.
"We are making good progress on the fintech SRO. Any fintech player, when they come into a regulated space, there are rules and regulations they must follow. Whenever we see any areas where risk might be building up, we have taken action."