Looking ahead, our financial system faces both challenging times  and new opportunities as the Indian economy returns to full vitality. New vistas of financial intermediation leveraging on technology and new 12  business models will emerge.
With the exponential growth of digitisation and online commerce in India, the Reserve Bank has also directed its policy efforts to put in place a state of the art national payments infrastructure, while ensuring a safe, secure, efficient, cost-effective and robust payments ecosystem.