In August, the central bank had announced that it will set up the Reserve Bank Innovation Hub (RBIH) to promote innovation across the financial sector by leveraging on technology and creating an environment that would facilitate and foster innovation.source https://economictimes.indiatimes.com/industry/banking/finance/banking/kris-gopalakrishnan-appointed-first-chairperson-of-reserve-bank-innovation-hub/articleshow/79259497.cms
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