BREAKING NEWS
Siddaramaiah says confident of winning all three bypolls in Karnataka
Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial
100 engineering colleges in Karnataka to be ‘adopted’ by corporates by next year: IT Minister Kharge
Siddaramaiah defends BPL ration card cancellation, says only ineligible beneficiaries affected
China announces new policy measures to protect its exports from Trump’s new tariff threat
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Two fishing boats in Kerala fined Rs 2.5 lakh each for unauthorized film shooting at sea
Gautam Adani charged in US with USD 250 mn bribery, fraud
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K’taka govt committed to offering all possible support to investors, says CM Siddaramaiah
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Should Naxalism remain or go?: Karnataka CM justifies killing of Maoist leader in encounter
RBI Governor to meet heads of payments banks later this week
PTI, Mar 25, 2019, 12:00 PM IST
Image for Representation
New Delhi: RBI Governor Shaktikanta Das Monday said he will be meeting heads of payments banks later this week to understand their issues and concerns.
As many as seven payments banks have commenced their operations.
He also said that guidelines on regulatory sandbox will be issued in the next two months to promote FinTech in the country.
A sandbox approach means experimenting and learning before finally adopting a technology or system. This approach helps in containing the impact of failures.
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