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Nation


RBI Appoints Nandan Nilekani As Head Of Digital Payments

Nandan Nilekani was the former chairman of Unique Identification Authority of India and will be heading the five-member team


rbi-appoints-nandan-nilekani-as-head-of-digital-payments

The Reserve Bank of India has appointed Infosys co-founder Nandan Nilekani as the chairman of a special committee to assess the digitisation of payments in India.

Nandan Nilekani was the former chairman of Unique Identification Authority of India and will be heading the five-member team.

Other members of the high-level committee are HR Khan (Former deputy governor of RBI), Kishore Sansi former Managing Director & Chief Executive Officer, Vijaya Bank),  Aruna Sharma (former Secretary, Ministry of Information Technology and Steel) and  Sanjay Jain (Chief Innovation Officer, Center for Innovation, Incubation & Entrepreneurship (CIIE), IIM Ahmedabad).

The team will be working closely to submit a report in 90 days about the existing status of digital payments in India. They will be in charge of an in-depth report of the gaps, faults and solutions to the digital payment system in the country.

Besides, they will also assess the current levels of digital payments in financial inclusion and chart a roadmap to accelerate digitisation of the economy.

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