Payment and Settlement Systems Act PDF

The Payment and Settlement Systems Act, 2007 was enacted to regulate and supervise payment systems in India. This law designates the Reserve Bank of India (RBI) as the authority to oversee these systems. It covers essential areas such as the operation, regulation, and supervision of systems like real-time gross settlement, electronic funds transfer, and the functioning of clearing houses.

Payment and Settlement Systems Act PDF Download

• Payment and Settlement Systems Act, 2007
• Payment and Settlement Systems Regulations, 2008

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