Reserve Bank of India has set up a separate internal department for fintech (Financial technology). The new department has been created with effect from January 04, 2022, by subsuming the FinTech Division of Department of Payment and Settlement Systems, Central Office (DPSS, CO).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The department will not only promote innovation in the sector but also identify the challenges and opportunities associated with it and address them in a timely manner. Ajay Kumar Choudhary, who was recently promoted as the Executive Director of RBI was appointed as head of the department.
Important takeaways for all competitive exams:
Did you know that kidney beans are one of the most widely eaten beans in…
Did you know that every country has a special city where important decisions are made…
Astep toward wildlife conservation and public safety. The Deputy CM of Andhra Pradesh Pawan Kalyan…
Jio Platforms Limited has appointed telecom industry veteran Dan Bailey as its new President to…
The Top 10 most popular websites of 2026 show how the internet continues to evolve…
Saba Shawl has been appointed as the first Kashmiri woman to head Central Jail Srinagar,…