India
TokenPost
RBI Governor: 'Trust Is the Precondition for Financial Innovation' — Emphasizes Financial Inclusion
- RBI Governor Sanjay Malhotra delivered a keynote at the Global Fintech Fest 2026 in Mumbai on September 10, 2026.
- He said financial innovation must extend beyond existing users to reach populations currently excluded from financial services.
- Malhotra noted AI can improve consumer services, address unmet credit demand, boost operational efficiency at financial institutions, and reduce financial fraud, provided data protection, cybersecurity, and operational resilience are ensured; the BIS posted the speech text on September 21.