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RBI DG Rohit Jain Addresses SBI Banking Conclave on Resilient Banking and UPI

7 October 2026 · BIS

Speaking at the 13th SBI Banking and Economics Conclave, RBI Deputy Governor Rohit Jain highlighted that UPI accounts for 49% of global real-time payment volumes. He noted India's GDP share on a PPP basis rose to 8.2% in FY26 and stressed that technology resilience and AI governance must be integrated into banking risk frameworks.

Speaking at the 13th SBI Banking and Economics Conclave, RBI Deputy Governor Rohit Jain highlighted that UPI accounts for 49% of global real-time payment volumes. He noted India's GDP share on a PPP basis rose to 8.2% in FY26 and stressed that technology resilience and AI governance must be integrated into banking risk frameworks.

Part of the October 2026 digest.

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