- RBI Innovation Hub (RBIH) and IIT Madras Incubation Cell (IITMIC) have signed an MoU to work together in developing the ecosystem necessary to support and scale fintech startups in India.
- RBIH is a wholly-owned subsidiary of Reserve Bank of India. Rajesh Bansal is the CEO of RBI Innovation Hub (RBIH).
- Select startups incubated at IITM Incubation Cell will be considered from time to time by RBIH for co-incubation and thereby receive strategic and operational guidance, training and mentoring sessions by RBIH leadership.
Points to remember:
- RBIH has partnered with which institute to boost fintech startups in India?
- Who is the CEO of RBIH?
Source: Business Standard