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Reserve Bank Innovation Hub
March 27 , 2022
976 days
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- The Reserve Bank Innovation Hub (RBIH) has been inaugurated by Shaktikanta Das in Bengaluru.
- RBIH has been set up as a wholly-owned subsidiary of the RBI with Rs 100 crore as an initial capital contribution.
- An independent board has been constituted for this hub with S. Gopalakrishnan selected as the Chairman.
- The aim of the RBIH is to create an ecosystem that will focus on the promotion of access to various financial products and services for the low-income group population across the nation.
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