Commentary on India’s Draft Framework for Regulatory Sandboxes

The Reserve Bank of India (RBI) recently published their draft framework for a fintech regulatory sandbox; this will enable Indian fintech companies to test their new products in a controlled environment; RBI sees this as a tool to promote financial inclusion; fintech companies expect this sandbox will address key challenges they face when dealing with India’s legacy regulatory infrastructure; “A regulatory sandbox has the potential to encourage rapid innovation in a responsible manner and enable India to take its next big leap towards financial inclusion.” Source.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.