Mumbai, Jan. 9 -- The Reserve Bank of India (RBI) on Tuesday constituted a high-level committee under Aadhaar architect Nandan Nilekani to suggest measures to improve the safety of digital payments in the country.

The five-member panel has been tasked with reviewing the status of the digitisation of payments, identifying gaps in the ecosystem and suggesting ways to bridge them. It was constituted to encourage digital payments and enhance financial inclusion through digitisation, the RBI said in a statement.

Apart from Infosys co-founder Nilekani, other members are former RBI deputy governor HR Khan, former Vijaya Bank MD and CEO Kishore Sansi and former secretary in ministries of IT and steel Aruna Sharma. The fifth member is Sanjay Jain ...