Quote on RBI Monetary Announcement Reaction by Mr. Sumil Vikamsey, MD & CEO

2024-04-06 08:48:52 am | Source: PR Agency

Quote on RBI Monetary Announcement Reaction by Mr. Sumil Vikamsey, MD & CEO - Cash Business, Hitachi Payment Services

News By Tags | #RBI #Economy #ExpertViews #MonetaryPolicyCommittee #HitachiPaymentServices #SumilVikamsey

Below the Quote on RBI Monetary Announcement Reaction by Mr. Sumil Vikamsey, MD & CEO - Cash Business, Hitachi Payment Services

“Reserve Bank of India's proposed initiative to enable UPI-based cash deposits is a progressive move that will boost the adoption of interoperable cash deposits, further accelerate the use of UPI and drive financial inclusion, particularly in areas where card penetration is limited. We welcome this move as it aligns with our vision of leveraging UPI’s reach and convenience for offering cash deposit facility.”

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Quote on RBI Monetary Announcement Reaction by Mr. Sumil Vikamsey, MD & CEO - Cash Business, Hitachi Payment Services

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