India – building a modern financial infrastructure

Over the past 25 years, India has systematically developed a digital public infrastructure known as IndiaStack, integrating digital identity, payments, and data governance systems.

Together, these three pillars have enabled financial inclusion on an unprecedented scale, reducing transaction costs while strengthening the country’s digital sovereignty.

During the webinar, the discussion focused on several key questions:
What lessons does IndiaStack offer to other regions?
Can India’s model be adapted or replicated in different institutional and economic contexts?

The webinar on 12 March 2026 explored these issues in depth, examining both the opportunities and the structural challenges involved in building inclusive digital financial ecosystems.

Keynote speaker Venkatesh Hariharan was joined by Magda Bianco, Director General for Customer Protection and Financial Education at the Bank of Italy. Together, they discussed the evolution of India’s digital financial architecture and its broader implications for global financial governance and financial inclusion.