“All financial sector players are very strongly regulated and when it comes to fintech they are the other extreme; so there has to be some middle path,” Khara said. “As a banker we will consume the solutions offered by them. So, a partnership between the two can go a long way. They have also acknowledged this reality and now they are becoming part of this ecosystem. But, I believe, there should be adequate appreciation of the regulatory regime in which they operate.”
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