2024: A pivotal year as RBI cracks down on financial sector non-compliance

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2024 has been a year of heightened regulatory scrutiny for India’s financial sector. From fintech heavyweights to traditional banks and microfinance institutions — the Reserve Bank of India took action against a series of lenders and financial entities, signaling a firm stance on regulatory compliance. CNBC-TV18’s Ritu Singh has the highlights of what has been “the year of the big regulatory crackdown”.

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