<ul><li>The India Fintech Foundation has launched a formal bid to be recognized as a self-regulatory organization.</li><li>If approved, it will be the second SRO after the Fintech Association for Consumer Empowerment to receive recognition from the RBI.</li><li>The IFF is founded by members of Fintech Convergence Council, including industry leaders and former RBI personnel.</li><li>The RBI has emphasized the need for self-regulation in the fintech sector similar to the microfinance industry.</li></ul>

Second Fintech SRO Formally Launches Bid For RBI Approval

Discover more