GENERAL9 Sept 2026
Policy must balance innovation with accountability, resilience: RBI Dy Guv
RBI Deputy Governor Rohit Jain says policy should give innovation room to grow while ensuring accountability and resilience also grow. Speaking at the Global Fintech Fest 2026, he explained that clear guardrails, room for experimentation, and adaptable rules are needed. He cautioned against regulating too early or too late, and reminded everyone that real people – savers, borrowers, merchants – depend on the financial system.
Key Statutory Highlights
- RBI Deputy Governor Rohit Jain said policy should let innovation grow while making sure accountability and resilience grow with it.
- He told the Global Fintech Fest 2026 that regulators need on-the-ground engagement with industry, not just returns and supervisory observations.
- Jain said regulatory sandboxes can test new applications within defined boundaries before wider deployment, and warned against regulating either too early or too late.
Actionable Advice for Taxpayers / Founders:If you use or build new financial technology, follow RBI's policy updates and any sandbox opportunities, and be ready to show how your product is accountable and resilient.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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