K C Chakrabarty: Emerging trends in payment systems and challenges Inaugural address by Dr K C Chakrabarty, Deputy Governor of the Reserve Bank of India, at Banknet’s 7th Annual Conference on Payment Systems, Mumbai, 19 January 2011.
*  *  *  The assistance provided by Shri G Padmanabhan, Shri K Vijayakumar and Smt Radha Somakumar in preparation of this address is gratefully acknowledged. 1. It is a pleasure and privilege to be here at the Banknet’s 7th Annual Conference on Payment Systems.