Nandan Nilekani-led panel on digital payments submits report to RBI

A Reserve Bank-appointed committee headed by Aadhaar architect Nandan Nilekani submitted its suggestions on promoting digital payments to Governor Shaktikanta Das Friday, the central bank said.

In January, the Reserve Bank of India had set up the five-member panel on deepening digital payments with a view to encouraging digitisation of payments and enhance financial inclusion through digitisation.

In a statement, the Reserve Bank said the committee held its deliberations including consultations with various stakeholders and submitted its report Friday to Governor Das.

“The Reserve Bank of India will examine the recommendations of the committee and will dovetail the action points, wherever necessary, in its Payment Systems Vision 2021 for implementation,” it said.