India, Sept. 10 -- In his address at the Global Fintech Fest (GFF) 2026 in Mumbai today, RBI Governor Sanjay Malhotra urged businesses in the fintech sector to double down on AI, tokenisation and quantum computing to enhance financial inclusion while building consumer trust.

Malhotra said India's digital finance transformation had achieved scale, but its greatest achievement was normalising digital payments in the country. This transformation, which is largely driven by public-private partnerships, has promoted responsible innovation while maintaining public confidence in the country's financial system.

However, he said the next phase of growth must see the industry focus on taking financial services deeper into the last mile, particula...