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Palak meets RBI deputy governor

Sunday, 20 August 2023



State Minister for ICT Division Zunaid Ahmed Palak held a bilateral meeting with Deputy Governor of Reserve Bank of India (RBI) T Rabi Sankar at RBI's main office in Mumbai on Thursday, reports BSS.
In the meeting, they shared their views on the revolutionary changes in the traditional banking system and how technology has driven the world towards a digital economy and banking system, an official handout said here on Saturday.
Palak discussed with the deputy governor about the signing of the memorandum of understanding (MoU) to examine the initiative of using the Interoperation Transaction System and cooperate in making the Joint Innovation Hub on a partnership basis with the ICT Division.
A number of officials, including RBI Executive Director Vivek Deep and RBI Chief General Manager Shailendra Trivedi, were present there.