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The Economic Times

Economy / The Economic Times

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Economic Survey suggests need for activity-based financial norms

India's Economic Survey proposes a regulatory shift. Regulations should focus on activities and risks, not just institutions. This will ensure fair competition among banks, NBFCs, fintechs, and market lenders. Better coordination between regulators is vital. The goal is to calibrate regulation to risk and contestability. This approach will foster innovation and systemic stability.

30 Jan 2026 1:04 am