Nilekani-led panel on digital payments submits report to RBI

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  • A Reserve Bank of India-appointed committee headed by Aadhaar architect Nandan Nilekani has submitted its suggestions on promoting digital payments to Governor Shaktikanta Das.


  • In January, the RBI 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 yesterday to Mr Das.
  • It said the RBI will examine the recommendations of the committee and will link the action points, wherever necessary, in its Payment Systems Vision 2021 for implementation.
  • Earlier this week, the RBI released the ‘Payment and Settlement Systems in India: Vision 2019 – 2021’, for ensuring a safe, secure, convenient, quick and affordable e-payment system with an aim making India a ‘cash-lite’ society.
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