Advanced International Journal for Research

E-ISSN: 3048-7641   •   Impact Factor: 9.11

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 5 (September-October 2026) Submit your research before last 3 days of October to publish your research paper in the issue of September-October.

Developing a Governance Rating Framework for FinTech in India- A Conceptual Approach

Author(s) Dr. Aniruddha Vilas Thuse, Dr. Priyanka Shirish Shinde
Country India
Abstract Corporate governance plays a pivotal role in ensuring transparency, accountability, and effective risk management in all types of business undertakings. The need of corporate governance is much more in the rapidly growing FinTech sector, where regulatory compliance is essential for sustainable growth and stakeholder confidence.
The FinTech industry in India is expected to grow rapidly with estimated revenue generation of $180-$200 Billion, till 2030. At present the FinTech industry of the country has stood 3rd largest globally. However, it is regularly observed that the governance of organizations becomes crucial at their peak stages, where the stakeholders have huge expectations from the organizations. The companies like, Paytm, PhonePe, Razorpay, Upstox, Grow and others, are leading for processing digital payments transactions in the country. FinTech industry is governed by the regulations and policies stated by the authorities like the Reserve Bank of India (RBI), the Securities Exchange Board of India (SEBI) and other the financial bodies.
This research paper talks about the corporate governance of the FinTech industry in India. The research has been carried out with the purpose of analysing and discussing facts about compliance of Fin Tech. It is concluded that the present FinTech in India is observed to be less careful about fulfilment of the compliance norms. Here, it is recommended that the corporate governance ratings shall be applied to the FinTech companies for evaluating their trustworthiness.
Keywords FinTech, Compliance, Stakeholders’ interest, Corporate Governance & Ratings
Field Business Administration
Published In Volume 7, Issue 5, September-October 2026
Published On 2026-10-13

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