Finance Ministry to meet fintech start-ups amid Paytm crisis
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The Finance Ministry is gearing up for a crucial meeting with fintech start-ups next week, in light of the recent actions taken by the Reserve Bank of India (RBI) against Paytm. The government's goal is to create a supportive atmosphere for innovation in the fintech and banking sectors, while stressing the importance of following regulatory guidelines. This meeting will offer start-ups a chance to connect with policymakers and regulatory authorities, encouraging discussions about regulatory frameworks and compliance standards.