🐘 India 🇮🇳: The Central Bank (RBI) launches a special app to test new fintech products

🐘 India 🇮🇳: The Central Bank (RBI) launches a special app to test new fintech products

The app, named "Theme Neutral," has been developed within the Regulatory Sandbox (RS) framework to enable more effective engagement with developers and industry stakeholders.

🟡 The concept of a "theme-neutral" platform reflects the Central Bank’s vision of creating adaptable environments that keep pace with the rapidly evolving financial ecosystem.

🟡 Since 2021, the option for teams to submit "On Tap" applications was introduced, and the new app continues with this protocol, expanding the range of topics.

🟡 The expanded scope now covers digital financial literacy, eKYC, artificial intelligence (AI), machine learning (ML), blockchain, tokenization, social media-driven inclusivity, as well as RegTech, SupTech, open finance, alternative credit scoring, and more.

🟡 Interested organizations can submit their applications with supporting documents via email. Applications will be evaluated according to the provisions of the Enabling Framework for RS.

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