The Reserve Bank of India (RBI) has appointed a five-member panel to suggest ways to improve digital payments.
About:
Terms of reference: To review the existing status of digitisation of payments in the country, identify the current gaps in the ecosystem and suggest ways to bridge them.
Composition:
The panel will be headed by Nandan Nilekani.
Former Deputy Governor of RBI H.R. Khan, former Vijaya Bank MD and CEO Kishore Sansi, former Secretary of IT Aruna Sharma and Sanjay Jain, Chief Innovation Officer, IIM Ahmedabad, are the other members of the panel.
The committee will submit its report in 90 days from its first meeting.
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