While digital wallets are launching mega million IPOs one crucial banking sector remains warped under regulatory control. These is digital banking licenses. Policy Talks spoke to Sachin Chaturvedi a development economist and board member of the Reserve Bank of India (RBI). Our latest episode on “PolicyTalks”, the no-politics podcast brought to you by the Centre for Innovation in Public Policy (www.cipp.in), features Prof. Sachin Chaturvedi. Prof Chaturvedi is the Director-General of RIS, the Research and Information System for Developing Countries.  This think-tank on trade and innovation works under the Ministry of External Affairs.  He recently joined as Vice-Chairperson of the Atal Bihari Vajpayee Institute of Good Governance and Policy Analysis (AIGGPA), a state-level policy-making and analysis institution in Madhya Pradesh. He is also on the board of the RBI and has recently authored a report on differentiated licenses and the entry of the private sector in banking.  In this episode, Prof Chaturvedi throws light, among others, on:  ·         Reconciling the current branch-based bank licensing model with the evolving model of branchless, digital banking  ·         India’s challenge for digital banking  ·         How RBI‘s digital initiative for SAARC will drive India’s broader global linkages   ·         Bridging the planning-implementation gap  ·         Innovations being unleased in Madhya Pradesh and Odisha