<h1>RBI Deputy Governor Highlights 35 Years of India's Payment Evolution: From Cheques to Cutting-Edge Digital Platforms.</h1> The Deputy Governor of the Reserve Bank of India discussed the evolution of India's payment systems, highlighting significant advancements over the past 35 years. Initially reliant on cheques, the system has transitioned to digital platforms like NEFT, IMPS, and UPI, enhancing transaction efficiency and security. The introduction of Aadhaar-based systems and mobile banking has further expanded accessibility. The Reserve Bank has facilitated this progress through strategic planning and regulation, ensuring safety and innovation. Despite challenges like cybersecurity and fraud, India's payment systems are now comparable to global standards, setting benchmarks for other countries. The speech emphasized continued vigilance and customer protection in this evolving landscape.