Reserve Bank of India Governor Shaktikanta Das advised FinTechs to pay close attention to governance, business conduct, data protection, customer centricity, regulatory compliance, and risk mitigation frameworks. He held a meeting with select FinTech entities (including AgriTechs) and some of their Associations today in Mumbai. The Governor reiterated that the RBI will continue to adopt a participative and consultative approach to facilitating innovations in the Financial sector.<br />''<br />''Mr. Das said, FinTech initiatives and start-ups are important segments of aspirational India. They are playing a transformative role in the financial system through digital innovations and innovative means of delivery of financial services, he added. <br />''<br />''The Governor highlighted the proactive and supportive role of the RBI in providing a conducive policy environment for responsible innovation.<br />''<br />''The participants shared their inputs and suggestions to enhance and deepen the role of FinTechs and the related ecosystem in the country.<br />