The people behind
RBIH

Rajesh Bansal is the CEO of the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India (RBI) dedicated to fostering innovation in the financial sector. With over three decades of experience in digital public infrastructure (DPI) and financial services across Asia and Africa, he has played a transformative role in shaping India’s digital financial landscape.
Mr. Bansal played a key role in designing and implementing Aadhaar (India’s digital ID)-enabled Direct Benefit Transfers (DBT) and IndiaStack, pioneering technologies with population-scale impact. He also conceptualised, designed, and built India’s first credit DPI, the Unified Lending Interface (ULI), enabling seamless and digital agricultural lending. His contributions have significantly advanced financial inclusion and streamlined service delivery for hundreds of millions.

Rajesh Bansal is the CEO of the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India (RBI) dedicated to fostering innovation in the financial sector. With over three decades of experience in digital public infrastructure (DPI) and financial services across Asia and Africa, he has played a transformative role in shaping India’s digital financial landscape.
Mr. Bansal played a key role in designing and implementing Aadhaar (India’s digital ID)-enabled Direct Benefit Transfers (DBT) and IndiaStack, pioneering technologies with population-scale impact. He also conceptualised, designed, and built India’s first credit DPI, the Unified Lending Interface (ULI), enabling seamless and digital agricultural lending. His contributions have significantly advanced financial inclusion and streamlined service delivery for hundreds of millions.
Chief Executive Officer

Rakesh Ranjan is the Chief Digital Officer (CDO) of the Reserve Bank Innovation Hub (RBIH), a wholly owned subsidiary of the Reserve Bank of India (RBI) that was set up to promote innovation in the financial sector. He specialises in digital transformation and innovation and has over 25 years of diverse and global experience as an IT professional in the public and private sectors.
Before joining RBIH, Mr Ranjan worked on key development sector projects driven by the Government of India, World Bank, ADB, and other multi-lateral donor agencies in the areas of Digital IDs (Aadhaar, PhilSys), Financial Inclusion, FinTech, RegTech, Payments, Mobile Money, and Skill Development.

Chief Digital Officer

Mohan Kumar Krishna
Head of Engineering

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