Examining the financial regulation of consumer-facing fintech in India

The excitement around fintech in India is palpable. This enthusiasm can be attributed to fintech’s potential as a market-led solution to the policy objective of financial inclusion. Fintech can expand the reach of formal finance by offering users personalized financial products in an economically viable manner. Unsurprisingly then, regulation of fintech is central to financial inclusion.

Fintech regulation must prevent and mitigate risks while also preserving the potential for financial inclusion. To understand if the regulation of fintech in India meets these objectives, it is important to analyze the existing regulatory regime. Recent research aims identified how fintech is regulated in India and make recommendations for improvement. You can read a summary blog post or the more detailed research paper to find out more.