Sahil Kini, a well-known figure in India’s fintech ecosystem, has been appointed as the new Chief Executive Officer (CEO) of the Reserve Bank Innovation Hub (RBIH). Kini is an alumnus of IIT Madras and brings a wide range of strategic, entrepreneurial, and policy experience.
Career highlights:
- Worked with McKinsey & Company, Aspada Investments, and Titan.
- Co-founded Setu, a fintech startup that was acquired by Pine Labs in 2022.
- Contributed significantly to the iSPIRIT Foundation, especially in the development of IndiaStack projects like – Aadhaar and Unified Payments Interface (UPI)
About Reserve Bank Innovation Hub (RBIH):
| Feature | Details |
| Established | 2022 |
| Parent Organisation | Wholly-owned subsidiary of the Reserve Bank of India (RBI) |
| Headquarters | Bengaluru, India |
| Objective | Promote and facilitate innovation in the financial sector |
| Mandate | Foster collaboration, address sectoral challenges, and enable digital transformation |
| Vision | Position India as a global hub for financial innovation by enabling secure, inclusive, and frictionless financial services |