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Enabling Indian Fintechs to Expand Beyond Borders

Founders and leaders from some of India’s largest FinTechs across a diverse range of sectors including LendingTech, InvestTech, Payments, Digital-first NBFCs, and Payment Gateways gathered for the inaugural session of the Reserve Bank Innovation Hub’s FinTech Forum in March 2024. The agenda for the session was to share insights on global expansion under the theme, […]

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Are banks Genz enough?

Less than a third of Generation Z (Gen Z) reports feeling financially secure, grappling with the challenges of high inflation, exorbitant college fees, and a competitive job market1. The financial landscape is evolving rapidly, and with each generation comes a unique perspective on money matters. Amongst the latest entrants to the world of financial decision-making,

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Swanari Dialogues – Overcoming Challenges in Accessing Formal Credit

In the ever-evolving landscape of Indian entrepreneurship, women are achieving remarkable strides, contributing to both economic growth and societal transformation. However, securing formal credit remains a recurring challenge. In a recent Swanari dialogue session conducted by the Reserve Bank Innovation Hub (RBIH), we engaged with 15 inspiring women entrepreneurs who shared their candid experiences –

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G20 summit: Guests will see cashless kiosks & other innovations

Rajesh Bansal, CEO of RBI’s Innovation Hub, said the central bank will showcase how it uses the PTFC platform to provide frictionless credit to farmers. “This aims to cut down the time for giving small-time credit (loans) to farmers from the existing 4-6 weeks to just a few minutes. The platform fetches land records and dairy data of farmers after they authenticate their identity through Aadhar.”

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RBI showcases digital ‘Innovation Pavilion’ at G20

The Reserve Bank of India has taken the opportunity to set up a pavilion at the ongoing G20 Summit, showcasing its endeavours towards building a digital economy. The pavilion is broadly focussed on four themes – Central Bank Digital Currency (CBDC), Innovation Hub (for seamless credit), Digital Payments (showcasing UPI and Bharat Bill Pay) and Contactless payments.

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