RBI is against separate payments regulator

The inter-ministerial committee set up by the government under the chairmanship of the economic affairs secretary to finalise amendments to the Payment and Settlement Systems (PSS) Act, 2007 — in its draft report — suggested creation of an independent regulator Payments Regulatory Board (RRB) to deal with payments related issues.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2S2DFlF