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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.

Press Release


PDF - RBI publishes Payment System Report, December 2025 ()
Date : May 18, 2026
RBI publishes Payment System Report, December 2025

The Reserve Bank has today published the half-yearly Payment System Report, December 2025. This report, in addition to analysing the trends in payment transactions carried out using various payment systems in India during the last five calendar years up to the second half of the calendar year 2025, covers major recent regulatory developments in the domestic payments ecosystem. The role of Central Counterparties (CCPs), in strengthening India’s financial stability by mitigating counterparty credit risk, is examined. The report also discusses issues in cross-border payments, the efforts made by the Reserve Bank of India, as part of the G20 Roadmap, for improving efficiency therein and technical innovations in general, which are re-shaping global payments ecosystem.

(Brij Raj)           
Chief General Manager

Press Release: 2026-2027/279


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