BALANCING INNOVATION AND REGULATION: A STUDY ON IRDAI’S SANDBOX FRAMEWORK FOR FINTECH STARTUPS

This paper examines IRDAI's regulatory sandbox for Fintech startups. We will begin with understanding the concepts of Fintech, IRDAI and its regulatory sandbox. Further understanding the IRDAI's regulatory sandbox in detail and how does it work. Deep analysis of regulatory sandbox and its how does it impact startups. Different real life case studies and sandbox's comparison with other sandboxes. Lastly the future outlook and the conclusion of the overall paper.