Governor Das: Making UPI and RuPay Global Priorities

Reserve Bank Governor Shaktikanta Das emphasized efforts to globalize UPI and RuPay at the Global Fintech Fest 2024. Key focus areas include financial inclusion, digital public infrastructure, and international cooperation. Das highlighted India's potential as a fintech hub, progress with international partnerships, and the advantages of digital financial inclusion.

Reserve Bank Governor Shaktikanta Das confirmed ongoing efforts to make UPI and RuPay globally acknowledged systems during his speech at the Global Fintech Fest 2024.

Das identified financial inclusion, deepening digital public infrastructure, consumer protection, cybersecurity, sustainable finance, and global integration of financial services as the central bank's main priorities.

He emphasized India's active global engagement and bilateral agreements aimed at economic cooperation and cross-border payment systems, highlighting notable partnerships with countries like Bhutan, Nepal, and Singapore. Recognizing India's potential as a global fintech hub, Das urged for a robust framework to leverage new opportunities.