The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.
The Finance Ministry constituted an expert committee headed by former SEBI chief M. Damodaran to examine and suggest measures to address regulatory issues to scale up investments by venture capital (VC) and private equity (PE).
EXAMIANS