RBI to come up with new payment system LPSS to process critical transactions
The central bank says LPSS will operate on minimalistic hardware, software, and will be made active only on a need basis
rtgs
May 2023
August 2019
June 2019
Finance minister holds review meeting with bankers
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
Mapping India’s digital payments journey
A close look at the evolution of payment systems in India as the Reserve Bank of India removes charges on RTGS and NEFT systems.
