)
Prime
Shaktikanta Das, RBI Governor
“Fintech companies’ right to exist lies in innovation. In doing so, they may sometimes adopt a more liberal interpretation of regulations in the grey area,” says Alok Mittal, Co-Founder and CEO, Indifi Technologies. And aware that this can lead to accidents, Reserve Bank of India (RBI) Governor Shaktikanta Das had warned (at the Global Fintech Festival in Mumbai on September 20, 2022): “The fintech road ahead will witness ever-increasing traffic, in addition to the large number of existing players already on it. So, it is imperative that every player on this road follows the traffic