The Reserve Bank of India is in the process of setting up a multi-disciplinary committee to study the FinTech business in India, its executive director N.S. Viswanathan said.
Speaking at a Nasscom India FinTech event in Mumbai, Mr. Viswanathan said: “The committee would see what kind of FinTech business is happening in India, what kind should be ‘allowed to happen’ and how to create an ecosystem to ensure the ‘right kind’ of FinTech is promoted.”