RBI recognised as World's Most Innovative Bank by Global Finance in 2025
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The Reserve Bank of India (RBI) has been honoured as one of the world's 3 most innovative banks for 2025 by Global Finance magazine, marking its inaugural recognition in this category.
The recognition places RBI alongside global giants like HSBC and Standard Chartered in Global Finance’s annual innovation rankings. The selections were made by the editorial board of Global Finance with inputs from expert reporters across global markets.
This accolade is part of Global Finance’s twelfth annual Innovators Awards, which celebrate financial institutions and fintech companies that pioneer new paths and design novel tools in finance. A comprehensive report on The Innovators 2025 will be featured in the June.
The 2025 awards also listed Nubank, REGnosys, and Auquan among the most innovative financial technology companies globally. Regional awards named Taipei Fubon Bank (Asia-Pacific), Bank of America (North America), and Societe Generale (Western Europe) as innovation leaders in their respective geographies.
August 2025
As India continues to be the world’s fastest-growing major economy, Fortune India presents its special issue on the nation’s Top 100 Billionaires. Curated in partnership with Waterfield Advisors, this year’s list reflects a slight decline in the number of dollar billionaires—from 185 to 182—even as the entry threshold for the Top 100 rose to ₹24,283 crore, up from ₹22,739 crore last year. From stalwarts like Mukesh Ambani, Gautam Adani, and the Mistry family, who continue to lead the list, to major gainers such as Sunil Mittal and Kumar Mangalam Birla, the issue goes beyond the numbers to explore the resilience, ambition, and strategic foresight that define India’s wealth creators. Read their compelling stories in the latest issue of Fortune India. On stands now.
RBI Governor Shaktikanta Das last year received an "A+" rating for the second consecutive year in Global Finance's Central Banker Report Cards 2024. Prime Minister Narendra Modi extended his congratulations, acknowledging Das's leadership in ensuring economic growth and stability
In 2024, Global Finance recognised Citibanamex, HSBC, ING, and Santander as the world's most innovative banks. Citibanamex enhanced its financial app with micro animations and personalised offers, and introduced the AI-powered 360 Smart Client Hub for personalised customer journeys. HSBC issued the first multicurrency digital bond and launched Project Ascend, a scalable nonpayment insurance offering for trade finance assets. ING developed a generative AI chatbot, marking Europe's first customer-facing pilot in this domain. Santander migrated its corporate and investment banking operations to Gravity, a cloud-based digital platform enabling parallel processing.
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