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ستمبر 03, 2024
Financing India’s Aspirations - Keynote Address delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - September 3, 2024 - at the Financing 3.0 Summit: Preparing for Viksit Bharat organised by the Confederation of Indian Industries (CII) at Mumbai, India

Namaskar! Good morning, I am honoured to be here today. This initiative by the CII – the Summit on Financing 3.0 – is perhaps the first of its kind and assumes timely significance in positioning itself as a beacon of light illuminating India’s leap towards its future. At the outset, therefore, I would like to express my deep appreciation of CII’s role in shaping India’s industrial and business landscape since 1895 as arguably the most visible business association in the country today. It is only befitting that I pay tribute to the CII’s extraordinary contributions by dwelling on our ambitions as a nation and the role of finance in actualising them.

Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India

Namaskar! Good morning, I am honoured to be here today. This initiative by the CII – the Summit on Financing 3.0 – is perhaps the first of its kind and assumes timely significance in positioning itself as a beacon of light illuminating India’s leap towards its future. At the outset, therefore, I would like to express my deep appreciation of CII’s role in shaping India’s industrial and business landscape since 1895 as arguably the most visible business association in the country today. It is only befitting that I pay tribute to the CII’s extraordinary contributions by dwelling on our ambitions as a nation and the role of finance in actualising them.

اگست 30, 2024
Address by Shri Shaktikanta Das, Governor, Reserve Bank of India at the Global Fintech Fest (GFF), 2024, Mumbai, August 30, 2024

Honourable Prime Minister, Shri Kris Gopalakrishnan, Industry leaders, Esteemed participants, Members of the media, Ladies and Gentlemen. The Global FinTech Fest (GFF) has emerged as a flagship event, showcasing innovations, technological transformation and the spirit of collaboration in the Indian FinTech sector. Started in 2020 in the virtual mode, amidst the COVID-19 pandemic with about 12,000 participants, GFF 2024 has so far seen 80,000 participants. This demonstrates not only the growing stature of this event, but also the growing prominence of India in technology driven financial innovation. The presence of the Hon’ble Prime Minister in GFF 2024 inspires all of us to put in our best efforts to build a fintech ecosystem that is truly future ready.

Shri Shaktikanta Das, Governor, Reserve Bank of India

Honourable Prime Minister, Shri Kris Gopalakrishnan, Industry leaders, Esteemed participants, Members of the media, Ladies and Gentlemen. The Global FinTech Fest (GFF) has emerged as a flagship event, showcasing innovations, technological transformation and the spirit of collaboration in the Indian FinTech sector. Started in 2020 in the virtual mode, amidst the COVID-19 pandemic with about 12,000 participants, GFF 2024 has so far seen 80,000 participants. This demonstrates not only the growing stature of this event, but also the growing prominence of India in technology driven financial innovation. The presence of the Hon’ble Prime Minister in GFF 2024 inspires all of us to put in our best efforts to build a fintech ecosystem that is truly future ready.

اگست 28, 2024
FinTech Innovations for India @100: Shaping the Future of India's Financial Landscape - Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - August 28, 2024 - at the Global Fintech Fest, Mumbai

I am very happy to participate in the 5th edition of the Global Fintech Fest (GFF). I would like to congratulate the organisers – NPCI, PCI and FCC1 – for bringing together diverse stakeholders from the FinTech ecosystem including FinTech innovators and companies, banks, NBFCs, regulators and others for this year’s GFF. This event has grown into a much awaited fixture in the calendar of not just the Fintech industry but also the broader technology ecosystem. 

Shri Shaktikanta Das, Governor, Reserve Bank of India

I am very happy to participate in the 5th edition of the Global Fintech Fest (GFF). I would like to congratulate the organisers – NPCI, PCI and FCC1 – for bringing together diverse stakeholders from the FinTech ecosystem including FinTech innovators and companies, banks, NBFCs, regulators and others for this year’s GFF. This event has grown into a much awaited fixture in the calendar of not just the Fintech industry but also the broader technology ecosystem. 

مارچ 24, 2022
Inauguration of the Reserve Bank Innovation Hub (RBIH) - Inaugural Address delivered by Shri Shaktikanta Das, Governor, Reserve Bank of India at the Reserve Bank Innovation Hub - March 24, 2022, Bengaluru

Central Banks are often viewed as traditional institutions that set monetary policies, issue currencies and regulate and supervise the financial sector segments and entities. For every economy to grow steadily and efficiently, this characteristic of a central bank is very important. Being a full service central bank, the RBI also plays a developmental role and is looked upon as a residual regulator as well. 2. RBI has been able to perform its varied roles with require

Shri Shaktikanta Das, Governor, Reserve Bank of India

Central Banks are often viewed as traditional institutions that set monetary policies, issue currencies and regulate and supervise the financial sector segments and entities. For every economy to grow steadily and efficiently, this characteristic of a central bank is very important. Being a full service central bank, the RBI also plays a developmental role and is looked upon as a residual regulator as well. 2. RBI has been able to perform its varied roles with require

ستمبر 28, 2021
Responsible Digital Innovation
Good morning. 1. Fintech, or technology that provides digital financial services is transforming the provision and delivery of financial services. At its most basic level digital technology enables speed – speed in processing information and speed in communication. Processing speed has reduced cost and time for transactions while communication speed has enhanced connectivity of systems expanding the reach of transactions. Taken together, digital technology is changing
Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India
Good morning. 1. Fintech, or technology that provides digital financial services is transforming the provision and delivery of financial services. At its most basic level digital technology enables speed – speed in processing information and speed in communication. Processing speed has reduced cost and time for transactions while communication speed has enhanced connectivity of systems expanding the reach of transactions. Taken together, digital technology is changing
ستمبر 20, 2021
Heed to Heal - Climate Change is the Emerging Financial Risk
1. A very good morning to all of you. I am thankful to CAFRAL for having given me an opportunity to interact with the participants of the Virtual Conference on Green and Sustainable Finance. 2. The theme of today’s Conference i.e., Green and Sustainable Finance is highly contextual. While the pandemic brought in a myriad set of challenges for the authorities around the world in framing and implementing policies for supporting lives and livelihoods, it has also given u
Shri M. Rajeshwar Rao, Deputy Governor, Reserve Bank of India
1. A very good morning to all of you. I am thankful to CAFRAL for having given me an opportunity to interact with the participants of the Virtual Conference on Green and Sustainable Finance. 2. The theme of today’s Conference i.e., Green and Sustainable Finance is highly contextual. While the pandemic brought in a myriad set of challenges for the authorities around the world in framing and implementing policies for supporting lives and livelihoods, it has also given u
جولائی 22, 2021
Central Bank Digital Currency – Is This the Future of Money
Introduction The idea of “Central Bank Digital Currencies” (CBDC) is not a recent development. Some attribute the origins of CBDCs to Nobel laureate James Tobin2, an American economist, who in 1980s suggested that that Federal Reserve Banks in the United States could make available to the public a widely accessible ‘medium with the convenience of deposits and the safety of currency.’ It is only in the last decade, however, that the concept of digital currency has been
Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India
Introduction The idea of “Central Bank Digital Currencies” (CBDC) is not a recent development. Some attribute the origins of CBDCs to Nobel laureate James Tobin2, an American economist, who in 1980s suggested that that Federal Reserve Banks in the United States could make available to the public a widely accessible ‘medium with the convenience of deposits and the safety of currency.’ It is only in the last decade, however, that the concept of digital currency has been
نومبر 28, 2019
Microfinance as the next wave of Financial Inclusion
Shri Mohammad Mustafa, Chairman & MD, SIDBI, Dr. Charan Singh, CEO and Director, Foundation for Economic Growth and Welfare, Mr. Gavin McGillivray Head, DFID India, other dignitaries, participants, Ladies and Gentlemen. Good Morning to all! I am very happy that senior bankers, sector specialists, academicians and practitioners are coming together on a single platform to deliberate on the Vision of Microfinance in India at this National Microfinance Congress and th
Shri M. K. Jain, Deputy Governor, Reserve Bank of India
Shri Mohammad Mustafa, Chairman & MD, SIDBI, Dr. Charan Singh, CEO and Director, Foundation for Economic Growth and Welfare, Mr. Gavin McGillivray Head, DFID India, other dignitaries, participants, Ladies and Gentlemen. Good Morning to all! I am very happy that senior bankers, sector specialists, academicians and practitioners are coming together on a single platform to deliberate on the Vision of Microfinance in India at this National Microfinance Congress and th
مارچ 25, 2019
Opportunities and Challenges of FinTech

I am extremely happy to participate in NITI Aayog’s FinTech Conclave 2019 and share my thoughts on the technological revolution that is shaping the future of finance. I am particularly thankful to Shri Amitabh Kant, CEO of NITI Aayog for having invited me to such an august gathering. As I understand, this Conclave is woven around the theme of Indian FinTech ecosystem as well as steps required to help achieve the potential that the sector offers towards growth, employm

Shri Shaktikanta Das, Governor, Reserve Bank of India

I am extremely happy to participate in NITI Aayog’s FinTech Conclave 2019 and share my thoughts on the technological revolution that is shaping the future of finance. I am particularly thankful to Shri Amitabh Kant, CEO of NITI Aayog for having invited me to such an august gathering. As I understand, this Conclave is woven around the theme of Indian FinTech ecosystem as well as steps required to help achieve the potential that the sector offers towards growth, employm

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صفحے پر آخری اپ ڈیٹ: جنوری 29, 2025

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