Poket News

RBI names 2 startups as a part of its regulatory sandbox programme

 

  • Reserve Bank of India has announced the names of two startups that have been selected as a part of its regulatory sandbox programme. 
  • RBI said it has shortlisted 6 companies out of 32 entities that had applied for the ‘Test Phase’ of the 1st cohort.
  • The 2 companies are Jaipur based Natural Support Consultancy Services Private Limited and New Delhi based Nucleus Software Exports Limited. 
  • The regulatory sandbox is a protected environment within which the selected companies will operate.