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Fintech companies and banks have reached out to the MeitY and the RBI for clear guidelines and more time to comply with the new rules
The major point of contention for the aforementioned players arises from the fact that the refunds required to settle RMG user balances require an adequate liquidity buffer
On the other hand, banks are said to have sought clarity on how to separate regular salary or vendor payments from gaming-related transactions in current accounts
Days…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Fintech companies and banks have reached out to the MeitY and the RBI for clear guidelines and more time to comply with the new rules
The major point of contention for the aforementioned players arises from the fact that the refunds required to settle RMG user balances require an adequate liquidity buffer
On the other hand, banks are said to have sought clarity on how to separate regular salary or vendor payments from gaming-related transactions in current accounts
Days…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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