https://www.taxtmi.com/news?id=27836 The Reserve Bank frames its role as enabling fintech innovation under prudential oversight, crediting digital technologies with broadening financial inclusion and establishing India as a leader in digital payments. It highlights collaborative policymaking and consultation-driven rulemaking-illustrated by extensive stakeholder engagement-and identifies Account Aggregator, Unified Lending Interface (ULI), and Open Credit Enablement Network (OCEN) as regulatory frameworks aimed at expanding orderly credit access for small businesses and individuals. en-us Fri, 30 Aug 2024 17:59:25 +0530 Fri, 30 Aug 2024 17:59:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27836 The Reserve Bank frames its role as enabling fintech innovation under prudential oversight, crediting digital technologies with broadening financial inclusion and establishing India as a leader in digital payments. It highlights collaborative policymaking and consultation-driven rulemaking-illustrated by extensive stakeholder engagement-and identifies Account Aggregator, Unified Lending Interface (ULI), and Open Credit Enablement Network (OCEN) as regulatory frameworks aimed at expanding orderly credit access for small businesses and individuals. News - Fri, 30 Aug 2024 17:59:25 +0530 https://www.taxtmi.com/news?id=27836