Shaktikanta Das said guidelines on regulatory sandbox will be issued in the next two months.RBI Governor Shaktikanta Das on 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.(This story has not been edited by TheIndianSubcontinent staff and is auto-generated from a syndicated feed.)Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections.
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