
The Reserve Bank of India (RBI) has recognized the Fintech Association for Consumer Empowerment as a Self-Regulatory Organization (SRO-FT). Starting September 1, 2024, several significant financial changes will take effect, impacting areas such as Aadhaar card regulations, credit card policies, and fixed deposit interest rates. Key financial deadlines are anticipated to affect consumers, with specific changes to LPG cylinder prices and credit card regulations also noted. The RBI's deputy governor emphasized that fintech companies can build trust by treating customers fairly. Additionally, the RBI is expected to issue final project finance guidelines within the next two to three months.
#September 2024 will see several important changes which will impact #personalfinance and affect everything from #LPG cylinder prices to #creditcard regulations. https://t.co/eOOrVprPjB
#Fintechs can earn trust if they treat the customers fairly, says #RBI deputy Guv https://t.co/DIpGDWWsR1
#RBI likely to issue final #project #finance guidelines in 2-3 months https://t.co/QrvE8RxKeZ
