Reserve Bank Innovation Hub Current Affairs, GK & News

Reserve Bank Innovation Hub

The Reserve Bank Innovation Hub was announced by the central bank last year to promote innovation in India’s financial sector by augmenting the adoption of emerging technologies.  This hub will develop internal infrastructure to promote fintech research, innovation and startups. It is under the control of an independent board of experts specialising in financial technology. ..

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RBIH-IPPB collaboration for innovation

The Reserve Bank of India Hub (RBIH) and the India Post Payments Bank are collaborating to improve society’s access to financial solutions. Key features The RBIH and the IPPB are partnering to design, develop and execute innovative financial products and offerings to address the lack of access to essential financial services faced by businesses as ..

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Reserve Bank Innovation Hub

The Reserve Bank Innovation Hub (RBIH) has been inaugurated by Shaktikanta Das, governor of the Reserve Bank of India (RBI) in Bengaluru. Overview: 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. ..

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Kris Gopalakrishnan appointed the first Chairperson of Reserve Bank Innovation Hub

On November 17, 2020, Kris Gopalakrishnan, the former co-chairman and co-founder of Infosys was appointed as the first Chairperson of Reserve Bank Innovation Hub. He was appointed by the Reserve Bank of India. The Reserve Bank Innovation Hub aims to promote innovation across financial sector. Reserve Bank Innovation Hub The RBI set up the hub ..

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