Buzzing for भारत | Keynote by Mr. Rakesh Ranjan, Ex CDO, Reserve Bank Innovation Hub (RBIH)

Описание: At the Buzzing for भारत platform launch, Mr. Rakesh Ranjan, Ex CDO of the Reserve Bank Innovation Hub, spoke about the critical role of India’s MSME sector in our nation building.

He emphasized that while MSMEs are the backbone of India’s economy, many still struggle with operational bottlenecks, limited data usage, and slow digital adoption due to the perceived high cost and complexity of technology. Mr. Ranjan highlighted the need for foundational digital readiness - automation, cloud-based tools, and data-driven decision-making along with a strong growth strategy powered by targeted digital marketing and government platforms like GatiShakti.

He also shared how digital payments and frameworks like the Account Aggregator are transforming MSME credit access by enabling transparent, data-backed lending. His message was clear: embracing digital innovation is essential for MSMEs to boost efficiency, competitiveness, and expand into new markets.

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About ‘Buzzing For Bharat’:

Buzzing for भारत is a growth platform that supports the entrepreneurial spirit of our MSME businesses. As a platform, we aim to bring together partners with complementary sets of products, services, and expertise who can collaborate to enable Micro, Small and Medium scale businesses in their digitisation journey. Digitisation has now become the growth engine that propels businesses forward, regardless of their size or sector. At Buzzing for भारत, we will strive to fuel that engine through impactful programs, meaningful collaborations, and a relentless focus on enabling growth at the grassroots.