Regulation should not constrain innovation in fintech space: RBI Governor Shaktikanta Das -

Regulation should not constrain innovation in fintech space: RBI Governor Shaktikanta Das


“Since RTGS, which along with NEFT has been made round the clock now, has multi-currency capabilities, there is scope taking it beyond our shores,” the governor said.

Despite its official opposition to the private crypto currencies, Das said the central bank is assessing financial stability concerns as it works on way ahead for central bank digital currency.

The central bank chief also said that the RBI is committed to using all policy tools to support the economic recovery while preserving price stability and financial stability.

Admitting that the spike in new pandemic infections is a matter of concern, Das, however, said the nation is equipped with additional insurances this time to tackle the afflictions.



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