Fintechs are custodians of customer data...
RBI Governor Sanjay Malhotra stated that trust is the key to success in the financial services ecosystem. He emphasized that fintech companies must act as custodians of the customer data they hold, rather than treating it as a business asset, and must manage this data with the utmost responsibility. Speaking at the ‘Global Fintech Fest 2026’ in Mumbai, he highlighted India's potential to emerge as a trusted partner in shaping the future of global financial services.
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