Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1243)
1243.
Who released framework for authorisation of Pan-India umbrella entity for retail payments?
Answer: Option
Explanation:
On August 18, 2020, Reserve Bank of India (RBI) released the "Framework for authorisation of pan-India Umbrella Entity for Retail Payments" on the lines of the feedback received on the "draft framework for authorisation of a pan-India New Umbrella Entity for Retail Payment Systems" which was placed on Reserve Bank's website on February 10, 2020 for public comments.
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