RBI aims to globalise UPI and RuPay: Shaktikanta Das

29 August,2024 07:18 AM IST |  Mumbai  |  Agencies

Speaking at Global Fintech Fest 2024, the governor said the RBI’s focus is on financial inclusion, deepening digital public infrastructure (DPI), consumer protection and cyber security, sustainable finance and global integration of financial services

RBI Guv Shaktikanta Das speaks at the Global Fintech Fest. Pic/PTI


Reserve Bank Governor Shaktikanta Das on Wednesday said efforts are on to make UPI and RuPay "truly global", as he outlined focus areas of RBI going forward.

Speaking at Global Fintech Fest 2024, the governor said the RBI's focus is on financial inclusion, deepening digital public infrastructure (DPI), consumer protection and cyber security, sustainable finance and global integration of financial services.

India is engaged actively in international fora and bilateral agreements to foster economic cooperation with many countries going forward, and strengthening financial infrastructure, including cross-border payment systems, will be RBI's key focus areas.

Das said India, with its tech talent and evolved financial fintech ecosystem, holds the potential to serve as a global hub for digital innovation and fintech startups, building and strengthening strategic partnerships, reinforcing commitment to international cooperation, and developing institutions of excellence.

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