A self-regulatory organisation (SRO) in the fintech sector should operate independently and be development-oriented, actively contributing to the growth and evolution of the industry, according to a draft framework released by the Reserve Bank of India (RBI) on Monday.
An SRO is a non-governmental organisation that sets and enforces rules and standards relating to the conduct of entities in the industry (members) with the aim of protecting the customer and promoting ethics, equality, and professionalism.
You have exhausted your monthly limit of free stories.
Register to read more stories
Continue With:-
Google
Facebook
Email
Already have an account? Sign in