RBI released the enabling framework for Regulatory Sandbox (RS)

 REGULATORY SANDBOX   For: Mains Topics covered: What is Regulatory Sandbox? What are its benefits and significances? Risk involved   News Flash The Reserve Bank of India released the final ‘enabling framework for a regulatory sandbox,’ taking into account inputs received after a consultation process that began in April. The regulatory sandbox allows live testing of new products or services in a controlled or test regulatory environment.   Advantages The framework will be a positive…

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