The Reserve Bank of India has created a Reserve Bank Innovation Hub (RBIH). The aim of Innovation Hub is to promote innovation across the financial sector by leveraging on technology and creating an environment which would facilitate and foster innovation. RBIH will collaborate with financial sector institutions, technology industry and academic institutions and coordinate efforts for exchange of ideas and development of prototypes related to financial innovations.
About Reserve Bank Innovation Hub Management:
Reserve Bank Innovation Hub (RBIH) would be managed by a Governing Council (GC) consisting of 10 members (including a chairperson). Shri Senapathy (Kris) Gopalakrishnan, co-founder and former co-Chairman, Infosys, has been appointed as the first Chairperson of the RBIH.
Important takeaways for all competitive exams:
India and the United Arab Emirates continue to strengthen their defence partnership with the conduct…
Jharkhand has taken a pioneering step in labour reforms with the approval of the Jharkhand…
Rivers in India are full of life and support many kinds of freshwater fish. Some…
Pulitzer Prize winning journalist Peter Arnett, one of the most influential war correspondents of the…
India and Oman have signed a Comprehensive Economic Partnership Agreement (CEPA), marking a major milestone…
China is one of the oldest countries in the world, with a history that goes…