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rbi: RBI looking at coming out with fintech regulations: Deputy Governor Rabi Sankar

The Reserve Bank is looking at coming out with a regulation for fintech players, Deputy Governor T Rabi Sankar said on Friday. "RBI is closely watching the evolving space of fintech...there are no fintech regulations right now. We are talking to the industry and understanding whether there is a need to regulate them," Sankar said, speaking at the Moneycontrol startup conclave. Sankar added that the regulations on fintech will come only after consultations with the industry, and declined to share timelines on the same, as…

Difference Between Rabi and Kharif Crop

India is an agricultural country with about 53.5% of the land agricultural land we have a variety of lands and monsoon areas with variations in their timing based on this character we can classify the crop production according to their seasons. Rabi crop is sown in October/November and harvested around April/May. Rabi crops are grown either from rainwater that has percolated into the ground or using irrigation. Heavy rain or good winter rain can destroy rabi crops. Kharif crops are sown in May/June and harvested around…