Nandan Nilekani appointed as the Chairman of the newly constituted RBI committee of digital payments ecosystem

Highlights: 

  • Nandan Nilekani was appointed as the Chairman of the newly constituted RBI committee to suggest measures to strengthen safety of digital payments ecosystem. 
  • Nandan Nilekani was the co-founder of Infosys.
  • The committee’s major role will be to review the existing status of digitisation of payments in the country, identify the current gaps in the ecosystem and suggest ways to bridge them.
  • Other members of the committee are HR Khan, Former RBI Deputy Governor, Kishore Sansi, Former MD and CEO 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.