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MUMBAI: The Reserve Bank of India (RBI) on Tuesday said governor Sanjay Malhotra will chair the six-member Payments Regulatory Board (PRB), which will regulate the payment systems. It will have three RBI members-deputy governor, executive director in charge of the Payment and Settlement Systems and the governor. For the first time, the board will have two government nominees: the secretary of the Department of Financial Services (DFS) and the secretary of the ministry of electronics and inform ...Read More >
Mumbai, Sep 30 (PTI) The Reserve Bank on Tuesday constituted the six-member Payments Regulatory Board, which includes three central government nominees, to supervise the functioning of payment systems in the country. The panel is headed by the Governor. The Payments Regulatory Board (PRB) replaces the Board for Regulation and Supervision of Payment and Settlement System (BPSS), a committee of the Central Board of the Reserve Bank of India. The five-member BPSS was also headed by the RBI Gover ...Read More >
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