The Reserve Bank of India vide circular dated October 8, has updated ‘Enabling Framework for Regulatory Sandbox’ to include ‘On Tap’ application facility for themes of closed cohorts. Accordingly, the theme ‘Retail Payments’ is now open for application. This ‘On Tap’ facility is expected to help in continuous innovation and engagement with innovators and proactively respond to the dynamics of rapidly evolving FinTech scenario.
Impact Assessment Studies on Smart Cities Mission
Under SAAR – Sameeksha series of Smart Cities Mission (SCM) launched in Nov 2023, 50 national level impact assessment studies were carried out on Indian