The Reserve Bank of India (RBI) has introduced a new fintech data repository to enhance policy frameworks and industry understanding. The industry has mixed reactions to this move, with some firms welcoming it while others are divided. RBI has also released final norms on fintech self-regulatory organizations, aiming for a development-oriented and representative approach. The guidelines emphasize the need for the self-regulatory organization to be inclusive of various fintech participants and to establish systems to address instances of 'user harm.'