Archive · 26 Jan 2026
Budget 2026: Strengthening India's Banking Ecosystem
Ravindra Rai, the head of BOBCARD LIMITED, talked about what he hopes to see in the Budget 2026 for India's banks.
He wants the government to focus on digital payments, keeping online transactions safe, and improving the systems that handle money.
He also thinks there should be more investment in technology, like secure ways to pay online, protecting against hackers, and new types of digital credit cards.
This is important because more people and businesses are using digital payments instead of cash.
Ravindra Rai emphasizes the need for continued focus on digital payments and cybersecurity in Budget 2026.
He highlights the importance of financial infrastructure in building consumer and business trust.
Expectations include increased technology investments in secure payment platforms and cybersecurity.
Virtual and tokenized cards, along with UPI-first credit products, are seen as critical enablers.
Consumer behavior is shifting towards real-time, digital-first transactions.
- Who
- Ravindra Rai, MD and CEO of BOBCARD LIMITED
- What
- Expectations for Budget 2026 to strengthen India's banking ecosystem
- When
- Not specified
- Where
- India
- Why
- To build trust and confidence in digital credit adoption
- Speaker
- Ravindra Rai, MD and CEO of BOBCARD LIMITED
- Key Focus Areas
- Digital payments, cybersecurity, financial infrastructure
- Expected Push
- Technology investments, secure payment platforms, cybersecurity, virtual and tokenised cards, UPI-first credit products
- Consumer Behavior Shift
- Real-time, digital-first transactions
