- The Reserve Bank of India (RBI) has been elected as the T. Rabi Sankar as the new chairman of Indian Financial Technology & Allied Services (IFTAS). At Present, he working as the Executive Director of RBI for Payment Systems, Information Technology, Risk Management, and Fintech.
- In another appointment, N. Rajendran has been appointed as the new Chief Executive Officer (CEO) of IFTAS.
- About IFTAS,
- IFTAS was established to facilitate the smooth functioning of banks, supporting them to innovate and to craft unique digital banking experiences.
- It is a fully owned subsidiary of RBI established under section 8 of Companies Act 2013.
Published On : 25 Jun 2020
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