RBI Appoints Rajesh Bansal As CEO Of RBIH

The Reserve Bank of India has appointed Rajesh Bansal, an expert in electronic cash transfers and digital financial services, as the Chief Executive Officer of the Reserve Bank Innovation Hub with effect from May 17.
Reserve Bank Innovation Hub (RBIH) has been set up to test potential new capabilities, opportunities in technology and leverage on the same to create viable products or services and enable their adoption for wider reach and greater impact across the country.
The Hub would develop internal infrastructure to promote fintech research and facilitate engagement with innovators and start-ups.
RBIH is managed by an independent board consisting of industry and academic stalwarts as its members.