Daijiworld Media Network - New Delhi
New Delhi, Oct 18: India’s sweeping success in digital payments — with over 85% of transactions now routed through the Unified Payments Interface (UPI) — stands as a global example of inclusive, secure, and scalable digital public infrastructure, said Reserve Bank Governor Sanjay Malhotra during a high-level dialogue in Washington, DC.
Speaking at the event titled “Forging Economic Resilience through Digital Public Platforms” on the sidelines of the World Bank and IMF Annual Meetings, Malhotra highlighted how India’s digital public platforms (DPPs) have become a powerful force for financial inclusion and innovation.
He outlined how foundational systems like Aadhaar for digital identity and UPI for real-time payments have enabled the country to deliv