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RBI Sandbox: From Retail Payments to Crossborder payments to MSME Lending

Summary:
RBI opened the third cohort of its Sandbox under the theme – MSME lending. RBI also announced that in its second cohort of crossborder payments, there were 27 applications of which 8 were chosen. Seeing the applications, it seems foreign travel, foreign investments etc are going to be easier going forward. In another announcement, RBI said that the 6 entities in its first cohort on retail payments has moved from test stage to the exit stage. The list of these experiments looks exciting. RBI could also consider putting up videos of the these different technologies and the changes they will bring to our lives. This entry was posted on September 14, 2021 at 10:22 am and is filed under Indian Economy/Financial Markets. You can

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RBI opened the third cohort of its Sandbox under the theme – MSME lending.

RBI also announced that in its second cohort of crossborder payments, there were 27 applications of which 8 were chosen. Seeing the applications, it seems foreign travel, foreign investments etc are going to be easier going forward.

In another announcement, RBI said that the 6 entities in its first cohort on retail payments has moved from test stage to the exit stage.

The list of these experiments looks exciting. RBI could also consider putting up videos of the these different technologies and the changes they will bring to our lives.

Amol Agrawal
I am currently pursuing my PhD in economics. I have work-ex of nearly 10 years with most of those years spent figuring economic research in Mumbai’s financial sector.

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