During the 59th SEACEN Governor’s Conference in Mumbai, Reserve Bank of India Governor Shaktikanta Das highlighted the significance of India’s Unified Payments Interface connecting with fast payment systems in other countries. He emphasized the potential for UPI to serve as a global model for cross-border payments. Das also proposed five policy options for shaping the future of the global economy amidst evolving realities.
The RBI is the current Chair of the SEACEN (South East Asian Central Banks) forum.
“Our sustained engagement in the India Stack and the Unified Payments Interface (UPI), especially during the pandemic and thereafter, has given us the confidence that digital public infrastructure can become a critical part of global public good when scaled up beyond national boundaries,” he said.
