Business Standard

RBI's innovation hub is an investment for the future: Shaktikanta Das

RBIH has been set up as a Section 8 company under the Companies Act, 2013, and has an independent board, with Senapathy Gopalakrishnan as the chairman

RBI Governor Shaktikanta Das
Premium

RBI Governor Shaktikanta Das

BS Reporter Mumbai
The Reserve Bank of India’s (RBI) innovation hub, set up with an initial capital contribution of Rs 100 crore, to encourage and nurture innovation across the financial sector, is expected to build an ecosystem for development of prototypes, patents, proofs of concept, and promote cross thinking spanning regulatory domains, Shaktikanta Das, Governor, RBI, said on Thursday.

Speaking at the inauguration of Reserve Bank Inauguration Hub (RBIH), Das said, “The RBIH is an investment for the future”.

RBIH has been set up as a Section 8 company under the Companies Act, 2013, and has an independent board, with Senapathy Gopalakrishnan as the chairman

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 24 2022 | 5:35 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com