RBI announces the third Cohort under the Regulatory Sandbox as 'MSME Lending'

With that, the central bank has announced the opening of the application window for the Third Cohort to eligible entities.

Sep 14, 2021 05:09 IST India Infoline News Service

The Reserve Bank of India (RBI) has announced the theme for the Third Cohort under the Regulatory Sandbox (RS) as ‘MSME Lending’.

With that, the central bank has announced the opening of the application window for the Third Cohort to eligible entities.

The application for the Third Cohort may be submitted from October 01, 2021, to November 14, 2021.

As per RBI, the Cohort is expected to spur innovations capable of recasting the cross-border payments landscape by leveraging new technologies to meet the needs of a low cost, secure, convenient and transparent system in a faster manner.

Related Story

Open Free Demat Account (Rs699)