Reserve Bank Innovation Hub (RBIH)

The Reserve Bank of India (RBI)'s 'Finteract' will be held in Pune on March 28, 2025 (Friday). Fintechs interested in discussing fintech-related queries in person can seek an appointment by filling in the participants' details (Name, Designation, Mobile, and Email) in this form: [https://lnkd.in/dktB7K7S] by 2 pm on March 26, 2025. In person attendance for applicants is only upon email confirmation. Link for virtual participation: https://lnkd.in/dWf4hsdj Meeting number (access code): 2519 650 1507 Meeting password: JSp3MjspB33 (57736577 when dialing from a phone or video system) #RBI #Finteraction #Fintech

The 28th edition of RBIH Spark is here! ✨ This edition brings you the roundup of everything that happened at RBIH last month — from candid conversations at the second edition of the Founders’ Club, meaningful networking at the seventh Fintech Mixer in Pune, to a host of other initiatives and ecosystem engagements driving the future of financial services. 📩 Subscribe now to get the full edition delivered straight to your inbox: [https://lnkd.in/guDsAHZu]

Interested in contributing to build a Net Zero Bharat by 2070? Fintechs, here’s your chance! Apply for the RBIH Net Zero Household Hackathon — design sustainable credit solutions, pilot with PNB, win up to ₹5L, and gain industry exposure. Scan the QR Code to register now!

The Reserve Bank of India (RBI)’s ‘Finquiry’ for March will be held in Mumbai on Wednesday, March 19, 2025, from 1500 Hrs to 1700 Hrs. Fintechs interested in discussing fintech-related queries in person can seek an appointment by filling in the participant details (Name, Designation, Mobile, and Email) in this Google Form [https://lnkd.in/gTqyj4QW ] by 2 PM on Monday, March 17, 2025. In person attendance for applicants at RBI's Mumbai office is only upon email confirmation. For Virtual participation, the webex link for the meeting is as below: Meeting: https://lnkd.in/getxZWXf Meeting number (access code): 2516 965 2823 Meeting password: k32tTvtGnH2 (53288884 when dialing from a phone or video system)

What a day full of ideas, insights, and inspiration! We wrapped up Building for Billions - a power-packed gathering of financial ecosystem leaders, innovators, startup founders, and changemakers, with Mr. Nandan Nilekani, former Chairman of UIDAI and Co-Founder of Infosys at the centre of it all. From decoding the journey of Aadhaar and UPI to reimagining the future of fintech with AI and human-centred design, the event was a deep dive into what it truly takes to design for scale, inclusion, and impact. Watch this space for what’s next with DesignShaala! But for now, we wrap up with gratitude for the energy in the room and a reinforced commitment to work towards enabling frictionless finance for a billion Indians. A big thank you to everyone who joined us. And a special shoutout to the incredible RBIH team behind it all! Rajesh Bansal | Rakesh Ranjan | Aakarsh Naidu | Somya Singh #BuildingForBillions #DigitalPublicInfrastructure #FinancialInclusion #DesignShaala #HumanCentredDesign #FintechInnovation

Here's what Mr. Nandan Nilekani, Chairman and Co-founder, Infosys, had to say when asked what the combination of AI and Aadhaar holds for the future of Fintech ✅ Local language-based conversational services: With India's linguistic diversity, the next leap in fintech will come about through AI-enabled conversational services in regional languages ✅ Tokenization of assets: Transforming illiquid assets such as land holdings into digital tokens, enhancing collateral-backed credit Mr. Nilekani spoke about designing solutions at scale for a billion Indians in a fireside chat with our CEO Mr. Rajesh Bansal during RBIH's Building for Billions event. Somya Singh #DesignShaala #HCD #BuildingforBillions #RBIH

Announcing DesignShaala™—an initiative by RBIH to catalyse financial innovation through Human-Centered Design (HCD). RBIH DesignShaala was launched by Mr. Nandan Nilekani, Chairman and Co-founder, Infosys during the Building for Billions event in Bengaluru. The future of finance must start with the people it serves. HCD ensures financial solutions are built around real needs, behaviours & experiences—making finance more intuitive, inclusive & impactful. DesignShaala™ will empower innovators to create financial products that are not just functional but truly transformative. Through RBIH DesignShaala, we reinforce our commitment to shaping the future of finance with solutions that put people first. Visit our website to learn more about DesignShaala™ : https://lnkd.in/g9HviRPy Rajesh Bansal | Somya Singh | Kritika Shukla #DesignShaala #HumanCenteredDesign

Building for Billions: The Aadhaar & UPI Story At the Building for Billions event, Mr. Nandan Nilekani, Chairman and Co-founder, Infosys and the architect of India's Aadhaar system, reflected on the design principles behind India's Digital Public Infrastructure (DPI) and how Aadhaar, UPI, and interoperable platforms transformed financial inclusion at scale. ✅ Aadhaar’s foundational role: Providing a universal digital identity enabled inclusion for millions without formal IDs, allowing seamless KYC and banking access. ✅ UPI’s interoperability: From day one, QR codes on UPI were designed to work across apps, unlocking frictionless payments and new business models. ✅ DPI as a platform for innovation: Open, scalable infrastructure empowered both public and private sectors, leading to rapid adoption—700 million Aadhaar-linked bank accounts and 180 million unique demat accounts. From Aadhaar in 2009 to UPI in 2016, these milestones shaped India's digital economy, proving that designing for simplicity, scale and inclusion can drive transformative change. Rajesh Bansal | Aakarsh Naidu | Somya Singh #BuildingForBillions #FinancialInclusion

Women empowerment isn’t a one-day event—it’s a continuous movement! When it comes to the gender gap in formal savings, the question isn’t why rural women don’t save digitally, it’s why saving isn’t made easier for them. Behavioural science provides the answer! Women are natural savers, but are financial systems designed to support them? Across rural India, women skillfully manage household finances, yet many remain outside formal banking. Our latest RBIH whitepaper, ‘Harnessing Behavioural Science to Unlock Frictionless Savings for Women,’ explores how small but intentional design changes can create habit-forming, intuitive, and empowering savings solutions. From automated savings nudges to goal-based financial planning, this research outlines practical ways banks and fintechs can unlock a massive opportunity—not just for women, but for the economy as a whole. 📖 Swipe through the key insights and read the full report here: [www.rbihub.in] 💭 Let’s not just celebrate women today. Let’s build systems that empower them—financially, sustainably, and everyday. Rajesh Bansal| Kritika Shukla| Shilpa Rao | Devina| Aditya L. #DesignforHer #EveryDayisWomensDay

And that was Founder’s Club 2.0 with Ajay Kaushal! 🥳 We hosted Mr. Ajay Kaushal, Co-founder of BillDesk, for a closed-door, unfiltered conversation with RBIH's portfolio startups, building in India for the globe! At RBIH, we believe in the power of mentorship, offering candid insights from one of India’s fintech pioneers to those building the next wave of innovation. As raw, real, and insightful it can get! 🚀 🎥 Catch the highlights from the session here:[https://lnkd.in/eFCciUQx] Know more about the Fintech & Startups (FAST) team here: https://lnkd.in/gtxzazWt Get in touch with us at startups@rbihub.in Rajesh Bansal | Aakarsh Naidu #FoundersClub #RBIH