HaRBInger 2025 has been launched by RBI to promote secure, inclusive banking solutions

Current Context: The Reserve Bank of India (RBI) launched the 4th Global Hackathon – HaRBInger 2025: Innovation for Transformation on 23 October 2025.

• The theme is “Secure Banking: Powered by Identity, Integrity, and Inclusivity”.
• It focuses on three problem areas – Tokenised KYC (Know Your Customer), Offline Central Bank Digital Currency (CBDC/e₹), and Enhancing Trust in digital banking.
• The hackathon invites fintechs, startups, and innovators worldwide to design secure and inclusive financial solutions.
• Prizes: Winners get ₹40 lakh, runners-up ₹20 lakh, and a special ₹20 lakh prize for the best all-woman team.
• It aims to strengthen India’s role as a global leader in secure, innovative, and inclusive digital finance.

Question:

Q.1 Which organisation conducts the HaRBInger Global Hackathon series?
a) NITI Aayog
b) Ministry of Electronics and IT (MeitY)
c) Indian Banks’ Association (IBA)
d) Reserve Bank of India (RBI)

Answer: d) The Reserve Bank of India (RBI) organises the HaRBInger series as part of its effort to encourage innovation among fintechs and startups in the financial ecosystem.