RBI wants to make UPI, RuPay ‘truly global’: Guv

Mumbai, August 28 Reserve Bank Governor Shaktikanta Das on Wednesday said efforts are on to make UPI and RuPay “truly global”, as he outlined focus areas of the central bank going forward. Speaking at the Global Fintech Fest 2024, he...

PTI

Updated At : 10:19 AM Aug 29, 2024 IST

Reserve Bank Governor Shaktikanta Das. File photo

Mumbai, August 28

Reserve Bank Governor Shaktikanta Das on Wednesday said efforts are on to make UPI and RuPay “truly global”, as he outlined focus areas of the central bank going forward.

Speaking at the Global Fintech Fest 2024, he said the RBI’s focus was on financial inclusion, deepening digital public infrastructure, consumer protection and cyber security, sustainable finance and global integration of financial services.

Das said India 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.

“We are now focusing on making the UPI and the RuPay truly global,” Governor Das said.