126 - Discussing Digital Payments In India | Monica Jasuja | Ritu Bhandari

Monica Jasuja is a senior executive with extensive experience in building innovative digital products for the financial services industry. She is passionate about creating solutions in the digital payments space. Ritu Bhandari is Head of Research, Smahi Foundation of Policy and Research. She is a Chartered Accountant, with extensive experience working in the banking industry. She has co-authored a research report titled "Digital Payments in India - An Atmanirbhar India pioneering and leading the digital revolution".   

In this episode, we talk to Monica and Ritu about the evolution of digital payments in India. We start off by discussing the new payment regulations and their impact. We look at whether the NUE framework is replicating the work done by NPCI and how it will work with the interoperability requirement of the RBI. We also look at the Account Aggregator framework and what are some of the things that can be done to improve the digital payments infrastructure in India.