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RBI Recognises Unified Fintech Forum as Second Self-Regulatory Body for Fintech

Summary by Times of India
The RBI had recognised the Fintech Association for Consumer Empowerment (FACE) as the first SRO-FT in August 2024, after it laid down the framework for recognising SROs in May.

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Mumbai, Sep 10 (IANS), Reserve Bank of India (RBI) Governor Sanjay Malhotra declared the Unified Fintech Forum as the second Self-Regulatory Organization (SRO) of the sector, making a major announcement for the fintech industry during the Global Fintech Fest (GFF) 2026. Earlier, FACE i.e. Fintech Association for Consumer Empowerment (FACE) has been recognized as the first SRO of the fintech sector. Meanwhile, Sanjay Malhotra said that RBI does n…

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Social News XYZ broke the news on Thursday, September 10, 2026.
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