FIN-TECH Flashcards
FinTech Department was setup in …………….
January 2022
……………………………..is a collaboration between the regulator, the innovators, the financial service providers and the end users which would ensure that Indian consumers continue to receive the best in class financial services
Regulatory Sandbox
The RS is based on thematic cohorts. Name the themes of the various cohorts?
I. Retail Payments
II. Cross Border Payments
III. MSME Lending
IV. Prevention and Mitigation of Financial Frauds
V. Theme Neutral – Here innovative products/ services/ technologies cutting across various functions in RBI’s regulatory domain would be eligible to apply.
……………………… is an event organised to bring together people and entities for the development of innovative solutions for the existing challenges in specified area through problem statements.
A hackathon
Reserve Bank has launched the hackathon HARBINGER 2021 to find innovative solutions to the existing challenges in the …………………………………
payment and settlement landscape
To foster innovation in a sustainable manner, it is essential to nurture it through an institutional setup and accordingly, Reserve Bank has set up the ……………………..
Reserve Bank Innovation Hub (RBIH)
The RBIH has been registered as a Section 8 company under Companies Act 2013, with an initial capital contribution of ……………… to encourage and nurture financial innovation in a sustainable manner through an institutional set-up
₹100 crore
Who is the Chairman of RBIH
Shri Senapathy (Kris) Gopalakrishnan
With the aim to create and produce solutions for underserved, low and middle-income women and women-owned enterprises, RBIH conducted a Techsprint ‘…………’ in collaboration with IIM ……………….
Swanari, Ahmedabad
RBI Hackathon is named as
HARBINGER – Innovation for Transformation
Theme of First RBI Hackathon was
Smarter Digital Payments (SDP)
Theme of Second RBI Hackathon was
Inclusive Digital Services (IDS)
Theme of 3rd RBI Hackathon HARBINGER 2024
Two themes - Zero Financial Frauds & Being Divyang Freindly
