In a recent press conference, RBI Governor Mr. Shaktikanta Das addressed concerns surrounding fintech firms, particularly after the recent developments with Paytm. Here are the key points from his message: 1. Commitment to Innovation: RBI reaffirms its commitment to supporting innovation and technology in the financial sector. 2. Fintech Support: There is no doubt about RBI's dedication to promoting fintech's , innovation, and technology. 3. Engagement with Paytm: The regulator has been engaged with Paytm for a significant period, emphasizing ongoing dialogues. 4. Confidential Details: It's not appropriate to share granular details on the Paytm issue, highlighting the sensitivity of the matter. 5. Long-Term Success: Individual entities are advised to be mindful of regulatory aspects for long-term success in the industry. 6. Systemic Stability: All actions taken by RBI are in the best interest of systemic stability and the protection of customers' inter...