Telangana plans ‘regulatory sandbox’ for fintech
A regulatory sandbox is a controlled mechanism within which companies in the sector will be able to experiment with solutions in a closely-monitored ecosystem.
- 12:39 am DUAL GOAL: Regulatory support mechanism will help to launch innovative products at a lower cost.
- Telangana government, which has implemented several industry-friendly policies in the past that have benefited companies of all scale, across verticals, is now keenly looking at coming out with guidelines and norms to create a 'regulatory sandbox' for the fintech sector.
- We are in the process of designing a regulatory sandbox for fintech companies.