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Update yourself with key Indian Fintech policy and regulatory updates.
It gives us immense pleasure to circulate the first issue of the Fintech Newsletter of Florence Capital – our monthly newsletter on key Indian Fintech policy and regulatory updates.
This issue covers the following updates:
RBI introduces the RBI-Digital Payments Index;
RBI released the Framework for Facilitating Small Value Digital Payments in Offline Mode;
Eligibility criteria for entities to be categorized as Specified User;
Updated Master Circular on Bank Finance to NBFCs;
RBI creates a new FinTech Department;
Discussion Paper on Prudential Norms for Classification, Valuation, and Operations of Investment Portfolio of Commercial Banks released by RBI;
RBI specifies the manner of granting Certificate of Registration to companies that propose to do factoring business; and
RBI urges the public to practice safe digital banking
We hope you enjoy reading this newsletter and find it useful.