Tech

RBI Approves SRPA’s Application For Becoming A Fintech SRO

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SUMMARY

Self-Regulated PSO Association (SRPA) has emerged as the third RBI-recognised SRO over a year after the apex bank floated an omnibus framework for recognition

The SRO plans on operationalising its governance, compliance and supervisory mechanisms in alignment with the apex bank’s framework shortly after this

Fintech companies like Infibeam Avenues, Razorpay, PhonePe, CRED, Mobikwik, Mswipe, Open, among others are members of SRPA

Fintech self regulatory organisation…

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