Nandan Nilekani (File photo)

NEW DELHI: To further encourage digital payments , the Reserve Bank of India (RBI) on Tuesday appointed former UIDAI (Unique Identification Authority of India) chief Nandan Nilekani as the chairman of a five-member high-level committee.

RBI in a statement said, "With a view to encourage digitisation of payments and enhance financial inclusion through digitisation, the Reserve Bank has decided to constitute a high-level committee on deepening of digital payments."

"The committee shall submit its report within a period of 90 days from the date of its first meeting," it added.

The other four member of the committee announced by the central bank are former RBI deputy governor HR Khan, former managing director and chief executive of Vijaya Bank Kishore Sansi, former secretary at ministry of information technology and steel Aruna Sharma and Sanjay Jain, chief innovation officer, Center for innovation, Incubation & Entrepreneurship (CIIE), IIM-Ahmedabad.

The key focus of the committee will be "to review the existing status of digitisation of payments in the country, identify the current gaps in the ecosystem and suggest ways to bridge them."

It will also prepare "a road map for increasing customer confidence and trust while accessing financial services through digital modes."

