#rbi #rbigovernor #fintech #globalfintechfest #innovation #shaktikantadas
At the Global Fintech Fest 2024, RBI Governor Shaktikanta Das highlighted India's growing prominence in financial innovation and the importance of building a future-ready fintech ecosystem. Emphasizing the need to integrate financial services into the lives of 1.4 billion people, Das praised India's leadership in digital payments, achieved through proactive policymaking, innovation, and technological advancements. He noted the success of initiatives like UPI and DigiLocker, which have expanded financial inclusion and improved efficiency. The RBI's regulatory frameworks have supported innovation while ensuring prudence, with ongoing collaboration between regulators, policymakers, and fintech innovators playing a key role in India’s journey towards becoming a global fintech leader by 2047.
#innovation #future #tech
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