Razorpay sets up advisory board, ropes in former RBI dy governor as chair

Payment gateway and neo-banking platform Razorpay has roped in former RBI deputy governor NS Vishwanathan and former State Bank of India managing director Arijit Basu to lead its newly-formed advisory board.

The founding independent members of the board also include retired civil servants -- Aruna Sundararajan, former Secretary, Ministries of Steel, IT, and Telecom, GoI (Member) and KP Krishnan, former Secretary, Ministry of Skill Development and Entrepreneurship (Member).

The board has been set up to assist the fintech unicorn develop long-term strategies, anticipating challenges and suggesting mitigation measures, especially in the context of regulatory and compliance processes, Razorpay said in a statement.

Razorpay is one of the leading fintech companies operating in India, serving over 10 million businesses across India.

"As part of Razorpay's constant endeavour to enhance customer experience, the newly formed advisory board is founded with the singular vision of establishing