Fintechs should operate under the licenses granted: RBI Governor Das https://ift.tt/D9R8lyr central bank has been highlighting the risks posed to the financial system due to fintech and big tech firms. In its recently released Financial Stability Report (FSR) the RBI had called for the need to shield the financial system from the fintech industry’s potential to cause instability.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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