RBI updates the Framework related to Regulatory Sandbox scheme
Why in the News? Recently, there have been significant updates made to the guidelines for the Regulatory Sandbox (RS) scheme by the RBI. What is the Regulatory Sandbox (RS) scheme? Regulatory Sandbox (RS) scheme involves live testing of new financial products or services in a controlled regulatory environment with potential relaxations for testing purposes. It… Continue reading RBI updates the Framework related to Regulatory Sandbox scheme