Rupak De Chowdhuri / Reuters
Danish Siddiqui / Reuters
For many decades, India has been a cash-driven economy that frequently facilitated the generation of unaccounted money through unreported deals and transactions. This black money or parallel economy h...
The RBI has been a great champion for fintech startups. The support of the RBI in terms of guidance and on a policy level has allowed fintech companies to flourish in an otherwise regulated and monitored financial environment in India. I would, however, like to address a few concerns regarding changes needed in this ecosystem.