💨 Abstract

Reserve Bank of India (RBI) Governor Sanjay Malhotra announced plans to promote innovations in payment systems with soft-touch regulations, expand the reach of UPI for efficient cross-border payments, and improve digital payment awareness during the Digital Payments Awareness Week 2025. The RBI will continue to encourage innovation while ensuring safety and security, and balance the needs of various stakeholders.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖