Na minha lista:
| Autor principal: | |
|---|---|
| Formato: | Recurso digital |
| Idioma: | inglês |
| Publicado em: |
Zenodo
2025
|
| Assuntos: | |
| Acesso em linha: | https://doi.org/10.5281/zenodo.15828671 |
| Tags: |
Adicionar Tag
Sem tags, seja o primeiro a adicionar uma tag!
|
Sumário:
- <p><strong><em><span>Abstract</span></em></strong></p> <p><em><span>There has been explosive growth among digital banking companies and fintech firms which has transformed Indian financial operations. The transformation requires a several complex regulatory hurdles which demands both updated policies examinations and novel regulatory frameworks between innovation and the consumer protection. The research starts by analyzing the digital financial services (DFS) in India through significant milestones such as UPI adoption and digital wallet emergence together with blockchain technology adoption in finance.<span> </span>This research investigates the regulatory oversight of the Reserve Bank of India (RBI) regarding policy measures that support both innovation and risk reduction measures. This study uses a descriptive approach to analyze secondary data, which comes from government reports along with academic journals. The “digital India” program receives special focus regarding both regulatory developments and digital transformation projects.<span> </span>Insufficient progress exists within the regulatory framework after changes because data protection continues to be a problem along with cross-border regulation and unified regulatory solution integration.<span> </span>The adherence of legal requirements by fintech businesses is demonstrated through real-world examples of Paytm and Phone Pe which show potential challenges as well.</span></em></p> <p><em><span>Executors recommend implementing a regulatory system that adapts to technology changes and adopting solid data protection protocols and operational redundancy approaches through which organizations should establish multiple bank relationships. Active oversight in Fintech operations requires the Fintech Regulatory Council to receive additional legal authority from both RBI and NPCI and MeitY to overcome scattered regulatory domains. The research presents both specific insights and actionable policies about Indian digital finance regulation, which aim to develop an innovative yet protected financial environment.</span></em></p>