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Fintech Sector Gears Up for SRO Leadership Amidst Intensifying Competition
News
01 April 2025
1 min read
134
As the fintech industry continues to evolve, the race to establish a Self-Regulatory Organization (SRO) is gaining momentum. Several key players are vying for the opportunity to shape industry regulations, ensuring compliance, transparency, and ethical business practices.
With the Reserve Bank of India (RBI) emphasizing the need for a structured regulatory framework, fintech firms are actively positioning themselves to lead this initiative. The creation of an SRO will not only help streamline operations but also foster trust and stability within the sector.
Industry stakeholders are closely watching the developments, as the formation of an SRO is expected to play a crucial role in shaping the future of fintech governance in India. The coming months will be pivotal in determining which entity secures this influential position.
Reference:Economic Times
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