NANDAN NILEKANI COMMITTEE

March 26, 2019

Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the RBI has appointed 5-member committee to further deepen digital payments and enhance financial inclusion through Fintech.

About: 

  • The committee has been constituted under the chairmanship of Nandan Nilekani. 

  • The RBI has requested the committee to give recommendations in 3 months in this regard. 

  • RBI Governor Shaktikanta Das was speaking at the inaugural event of Financial Technology (Fintech) Conclave being organized by NITI Aayog in New Delhi. 

  • Financial technology, often shortened to Fintech, is computer programs and a new technology innovation that aims to compete with traditional financial methods in the delivery of financial services. 

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