 "RBI Governor Shaktikanta Das")
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
