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PRESS RELEASE -INAUGURATION OF THE RESERVE BANK INNOVATION HUB (DATED -24.03.2022)

Updated on:24th Mar, 2022
The Governor, Reserve Bank of India (RBI), Shri Shaktikanta Das inaugurated the Reserve Bank Innovation Hub (RBIH) today (March 24, 2022) in Bengaluru. The RBI has set up the RBIH as a Section 8 company under Companies Act, 2013, with an initial capital contribution of ₹100 crore to encourage and nurture financial innovation in a sustainable manner through an institutional set-up, refer attachment for further details
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