UPI makes payments cheap, fast and safeNPCI launched India’s real-time payment system in August 2016 and it is already a role model for the developed world. India now has apps that seamlessly move moneyLower cost mutual funds true to labelRisk labelling in 2013 and scheme categorization in 2018 led to better disclosures. In 2018, Sebi tightened mutual fund expenses and rationalized fund distribution costsDirect mutual fund plans reduce costsSebi-mandated direct plans in 2013 cut costs for DIY investors. Firms can no longer deny death claims after a three-year holding periodReal estate gets a regulator at lastRera finally got off the ground in 2016. In 2011, Sebi started a centralized web-based investor complaints redressal system, SCORES

Source: Mint December 30, 2019 17:15 UTC