RBI Governor Shaktikanta Das said to keep up with the rapid adoption, banks and payment service providers need to raise their digital transaction capacities substantially to keep pace with the trend Nandan Nilekani, Co-Founder and Chairman of Infosys, on Thursday congratulated the Reserve Bank of India (RBI) on its Unified Payments Interface (UPI) campaign. On Monday, RBI Governor Shaktikanta Das unveiled the ‘Har Payment Digital’ mission, which is focused on RBI’s goal of enabling every individual in India to embrace digital payments.
Praising RBI’s efforts and innovations, Nilekani said the central bank has been doing a perfect job by balancing regulation and innovation.