Airtel has opposed the telecom regulator’s proposal to introduce a regulatory sandbox (RS) as it may bring unforeseen challenges and associated risks including limited technical capacity and expertise. According to Airtel, the idea of a sandbox is better for fintech sector where the use of technology and innovation is relatively nascent. “The Sandbox is used more ubiquitously in the financial sector than any other similarly regulated sector, mainly because of the aim of policymakers to increase financial inclusion through innovative solutions. In fact, globally, the fintech sector uses such...
Airtel has opposed the telecom regulator’s proposal to introduce a regulatory sandbox (RS) as it may bring unforeseen challenges and associated risks including...