July 20, 2026 6:33 PM
Government, RBI strengthen fintech regulatory framework to boost consumer protection and cybersecurity
The Government and the Reserve Bank of India (RBI) have strengthened the regulatory framework governing India's rapidly expanding fintech ecosystem through a series of policy, supervisory and consumer protection measures aimed at enhancing cybersecurity, promoting responsible innovation and safeguarding users of digital financial services. Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said the government has been continuously engaging with financ...