Share via:
The proposed rules will look to replace the 2021 master directions and introduce a more structured regime for banks, fintech startups and wallet operators
The draft framework, which expands use cases such as UPI-linked wallets for foreign visitors, will be open for public comments till May 22
Non-bank applicants will be required to show at least ₹5 Cr net worth at the application stage and must cross ₹15 Cr threshold by the end of the third financial year of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
The proposed rules will look to replace the 2021 master directions and introduce a more structured regime for banks, fintech startups and wallet operators
The draft framework, which expands use cases such as UPI-linked wallets for foreign visitors, will be open for public comments till May 22
Non-bank applicants will be required to show at least ₹5 Cr net worth at the application stage and must cross ₹15 Cr threshold by the end of the third financial year of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
