Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
FRICTIONLESS FINANCE FOR A BILLION INDIANS
BW Businessworld
|August 12, 2023
RBIH CEO Rajesh Bansal stresses customer innovation and getting into their shoes to solve multiple frictions that customers face in accessing financial services
-
INDIA’S FINANCIAL LANDSCAPE has significantly changed since the advent of UPI and the rise of fintech companies. From payments to digital lending, how Indians transact has seen a paradigm shift.
However, there’s more to financial inclusion beyond payments and lending. The majority of the time, Indian customers complain about a plethora of bad experiences with their banking apps, specific physical processes in bank branches or even things like KYC or eKYC.
The Reserve Bank Innovation Hub (RBIH), a 100 per cent owned company by the Reserve Bank of India, puts innovation at its heart to solve such friction in financial services that customers face. Rajesh Bansal, CEO of RBIH, says their mission is to provide frictionless finance for a billion Indians.
Denne historien er fra August 12, 2023-utgaven av BW Businessworld.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA BW Businessworld
BW Businessworld
EVs Top 2026 Launches
THE YEAR 2026 is shaping up to be a defining one for the Indian passenger vehicle market, with several long-anticipated launches finally lining up for production.
1 min
December 27, 2025
BW Businessworld
Missing Socks and the Spotlight Effect
I STILL REMEMBER THAT DAY, like it happened yesterday. I arrived in Jaipur to speak at a bank's leadership team offsite. I was quite looking forward to it. I had done everything right. Left home early, reached the airport on time for an early morning flight, landed and checked into the hotel. I polished my shoes, had a quick shower, got dressed, slipped on my favourite jacket, and then sat down to wear my shoes. And I froze.
2 mins
December 27, 2025
BW Businessworld
YOUR NEW COLLEAGUE HAS NO PULSE
THE STORY OF PROGRESS, at its core, is a story of outsourcing.
4 mins
December 27, 2025
BW Businessworld
Will the proposed Amendments Give More Teeth to the IBC?
INE YEARS ON, the Insolvency and Bankruptcy Code (IBC) is beginning to resemble a well-intentioned expressway with too many toll booths and not enough exits. Experts believe the proposed amendments to the IBC are directionally encouraging, even as recovery timelines keep stretching and recovery rates begin to sag again in H1FY2026 after improving till Q4FY2025.The numbers tell a sobering story.
1 min
December 27, 2025
BW Businessworld
A China Hitch in India's Solar Power Dream
INDIA'S SOLAR manufacturing boom is real. Domestic solar module capacity more than doubled from 38 GW in March 2024 to 74 GW by March 2025, and solar cell capacity tripled in the same period to around 25 GW.
1 min
December 27, 2025
BW Businessworld
Regulations to Facilitate Freedom, Not Friction
INNOVATION IS THE FUNDAMENTAL driver for economic prosperity, and the work of this year’s Nobel Prize laureates, Joel Mokyr, Philippe Aghion and Peter Howitt, reaffirms this. Their work reminds us that progress does not happen by accident; it requires an ecosystem that fosters innovation and dismantles any barriers on the way.
4 mins
December 27, 2025
BW Businessworld
Reaching Real Roots: Preventing Problems
THE END OF THE YEAR brought a smile to environmentalists, as the Supreme Court held in abeyance its own previous judgement on the Aravallis.
2 mins
December 27, 2025
BW Businessworld
Grok's Paywall Changes Nothing
THE CONTROVERSY over Elon Musk’s Grok Al is huge, a fundamental failure by xAl and X (formerly Twitter) to anticipate and mitigate predictable harms from powerful generative technology.
1 min
December 27, 2025
BW Businessworld
The Second Curve Leader: Relevance After 45
THERE COMES A POINT in many long careers when the most important questions are no longer raised during performance reviews. Instead, they surface quietly, often without warning.
3 mins
December 27, 2025
BW Businessworld
How Intelligence Turns Sustainability into Economics
CLIMATE CHANGE DEBATES often drift into two unproductive extremes. One treats the crisis as a moral emergency, demanding sacrifice, restraint and guilt-driven change.
3 mins
December 27, 2025
Translate
Change font size