Monday, Jul 13, 2020 | Last Update : 11:17 AM IST

111th Day Of Lockdown

Maharashtra25442714032510289 Tamil Nadu138470895321966 Delhi112494899683371 Gujarat41906291982046 Karnataka3884315411686 Uttar Pradesh3647623334934 Telangana3467122482356 West Bengal3001318581938 Andhra Pradesh2916815412328 Rajasthan2439218103499 Haryana2124015983297 Madhya Pradesh1763212876644 Assam168071089536 Bihar1630511953118 Odisha13737875073 Jammu and Kashmir105135979149 Kerala7874409532 Punjab78215392183 Chhatisgarh4081315314 Jharkhand3760230822 Uttarakhand3537278646 Goa245312078 Tripura206714211 Manipur16098960 Puducherry141873916 Himachal Pradesh121391610 Nagaland8453270 Chandigarh5594177 Arunachal Pradesh3601382 Meghalaya295451 Mizoram2311500 Sikkim164810
  Business   In Other News  11 Feb 2020  RBI publishes draft framework for new payment system

RBI publishes draft framework for new payment system

REUTERS
Published : Feb 11, 2020, 11:15 am IST
Updated : Feb 11, 2020, 11:15 am IST

At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.

The central bank has invited comments on the draft framework from all stakeholders by February 25.
 The central bank has invited comments on the draft framework from all stakeholders by February 25.

Mumbai: The Reserve Bank of India (RBI) on Monday published draft framework for authorisation of a new pan India umbrella organization for retail payment systems.

The central bank has invited comments on the draft framework from all stakeholders by February 25.

At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.

Tags: rbi, npci
Location: India, Maharashtra, Mumbai (Bombay)