Fintech Newsletter - Volume 1, Issue 1

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:

  1. RBI introduces the RBI-Digital Payments Index;

  2. RBI released the Framework for Facilitating Small Value Digital Payments in Offline Mode;

  3. Eligibility criteria for entities to be categorized as Specified User;

  4. Updated Master Circular on Bank Finance to NBFCs;

  5. RBI creates a new FinTech Department;

  6. Discussion Paper on Prudential Norms for Classification, Valuation, and Operations of Investment Portfolio of Commercial Banks released by RBI;

  7. RBI specifies the manner of granting Certificate of Registration to companies that propose to do factoring business; and

  8. RBI urges the public to practice safe digital banking

We hope you enjoy reading this newsletter and find it useful.

Fintech Newsletter Jan'22
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