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    <title>Reflections: Challenges in Regulations (Remarks delivered by Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India – November 2, 2023 - at the Gatekeepers of Governance Summit organised by ‘Excellence Enablers’ in Mumbai)</title>
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    <description>Regulatory design must balance financial stability and innovation across climate, technology and digital intermediation transitions; customer protection requires suitability, transparent disclosures, fair recovery practices and board oversight; digital lending necessitates placing regulated entities at the centre of compliance for fintech partnerships; and regulators should pursue simpler, forward looking, nimble, data driven, consultative and collaborative rule making while moving toward principle based regulation with proportionality and a level playing field.</description>
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