President Murmu lauds RBI’s role in making India a global leader in digital payments

President Droupadi Murmu has said that the Reserve Bank of India (RBI) has played a key role in making India a global leader in digital payments by continuously modernizing the country’s payment infrastructure and nurturing a vibrant fintech ecosystem.

Speaking at the closing ceremony of the commemoration of RBI’s 90th year in Mumbai yesterday, the President highlighted that the central bank’s remarkable journey over the past nine decades has been aligned with the vision and policies of the government. She emphasized



that as India approaches the centenary of its independence, the mission of Viksit Bharat 2047 calls for a financial ecosystem that is innovative, adaptive, and accessible to all.

President Murmu also acknowledged the RBI’s contribution to strengthening the financial ecosystem by establishing key institutions such as NABARD, IDBI, and the National Housing Bank. She noted that these institutions have provided essential support to the agriculture, small business, and housing sectors.