
Decoding RBI Cybersecurity Framework for Non-Bank Payment Systems
by Siddharth Suresh* and Prateek Singh**
by Siddharth Suresh* and Prateek Singh**
Introduction of a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs upto Rs 10,000 with loading only from bank account
In exercise of powers vested under Section 30 of the Payment and Settlement Systems Act, 2007, the Reserve Bank of India has