RBI deputy governor flags speed, concentration and opacity concerns in finance tech, BusinessLine reports
BusinessLine says Rohit Jain, deputy governor of the Reserve Bank of India, emphasized resilience, accountability and innovation centered on users.
TLDR
BusinessLine reports that Reserve Bank of India Deputy Governor Rohit Jain flagged three key concerns as emerging technologies become more deeply embedded in finance: speed, concentration and opacity. He also emphasized resilience, accountability and user-centric innovation, the publication says.
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