PAYMENT AND SETTLEMENT SYSTEMS

Payment and settlement systems play an important role in improving overall economic efficiency. They consist of all the diverse arrangements that we use to systematically transfer money-currency, paper instruments such as cheques, and various electronic channels.

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Notifications

Index to RBI Circulars

Dec 30, 2024
Introduction of beneficiary bank account name look-up facility for Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) Systems	271 kb
Dec 27, 2024
Unified Payments Interface (UPI) access for Prepaid Payment Instruments (PPIs) through third-party applications	205 kb
Dec 04, 2024
Amendment to Framework for Facilitating Small Value Digital Payments in Offline Mode	315 kb
Oct 28, 2024
Directions for Central Counterparties (CCPs)	437 kb
Oct 11, 2024
Facilitating accessibility to digital payment systems for Persons with Disabilities - Guidelines	212 kb
Aug 22, 2024
Processing of e-mandates for recurring transactions	251 kb
Jul 30, 2024
Master Directions on Cyber Resilience and Digital Payment Security Controls for non-bank Payment System Operators	1033 kb

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