Issue Brief
A Comparative Policy Analysis of Regulatory Sandboxes and Innovation in the Indian FinTech Landscape


Yvonna Tia Steele - Student, Kautilya
Published on : Jan 17, 2025
This issue brief by Yvonna Tia Steele, MPP Batch of 2025, explores how regulatory sandboxes shape FinTech innovation in India’s fragmented regulatory environment. It analyses RBI, SEBI, and IRDAI approaches, highlighting inefficiencies in cross-sector innovation and recommending tiered testing and collaboration for greater regulatory efficacy.
Yvonna combines her passion for financial innovation and regulatory frameworks to present a comprehensive policy analysis aimed at fostering a sustainable, inclusive financial ecosystem in India.
*The Kautilya School of Public Policy (KSPP) takes no institutional positions. The views and opinions expressed in this article are solely those of the author(s) and do not reflect the views or positions of KSPP.
Rudraram, Patancheru Mandal
Hyderabad, Telangana 502329