The RBI report on the various payment systems addresses the future role of RBI in Indian payments and also highlights the importance of the role played by the central banks in the retail payment systems. RBI made a detailed assessment of the ‘systematically important payment systems’ based on international standards published by the committee on payment and settlement systems (CPSS) and the Bank for international settlements (BIS).
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now