My local fruit vendor accepts UPI.

The chai stall near my home accepts UPI.

The water delivery person accepts UPI.

A few years ago, this would have felt extraordinary.

Today, it feels normal.

That simple observation became one of my biggest takeaways while reading the 𝐑𝐁𝐈 𝐀𝐧𝐧𝐮𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭.

India's financial system is changing in ways that are easy to miss because we are living through them every day.

I shared a few thoughts on digital payments, financial inclusion, MSMEs, and the opportunities and risks that could shape the next decade.

Check it out: