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.
India Emerges as Global Leader in Disaster Warning
India’s internationally recognized Tsunami Early Warning System was showcased as a cornerstone of the nation’s disaster preparedness strategy. The Minister also highlighted ongoing collaborations with