IDEAS home Printed from https://ideas.repec.org/a/ids/ijbire/v27y2022i2p242-262.html
   My bibliography  Save this article

Expectations of FinTech start-ups and regulatory sandbox in India: an empirical study

Author

Listed:
  • Upendra Nath Shukla
  • Anil Dubey

Abstract

A recent global survey ranks India second in terms of FinTech adoption, with an adoption rate of 52%. It is reported that there are as many as 1,994 FinTech companies operating in India (Assocham Report, 2019), creating numerous jobs, investment appetite and business opportunities both for Indian and multinational companies. As the rules designed for traditional banking sector, may not be applicable for FinTech sector, Reserve Bank of India (RBI) has come up with a framework for regulatory sandbox in August'2019. The objective of this research paper is to gauge the response of FinTech start-ups about regulatory sand box. A survey of 170 start-ups was conducted in India to understand their expectations from the regulatory sandbox. Analysis revealed that - security, creditworthiness and compliance are the responsible factors for success of regulatory sandbox and FinTech start-ups in India, leading to a great avenue of business and growth for both domestic and multinational companies in this nascent sector.

Suggested Citation

  • Upendra Nath Shukla & Anil Dubey, 2022. "Expectations of FinTech start-ups and regulatory sandbox in India: an empirical study," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 27(2), pages 242-262.
    • Handle: RePEc:ids:ijbire:v:27:y:2022:i:2:p:242-262
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=121542
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lee, Sungdo & Seo, Yongseok, 2022. "Exploring how interest groups affect regulation and innovation based on the two-level games: The case of regulatory sandboxes in Korea," Technological Forecasting and Social Change, Elsevier, vol. 183(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbire:v:27:y:2022:i:2:p:242-262. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=203 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.