Tag Archives: pss act

RBI Issues Dissent Note, Opposes Idea Of Constituting Independent Payments Regulator

Reserve Bank of India has issued a dissent notice on the Inter-Ministerial Committee for finalization of Amendments to the Payment and Settlement System (PSS) Act, 2007. In the dissent notice, it critically opposed the idea of constituting an independent body for regulating payments. The Committee was formed by the Government under the …

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