RBI Allows New For-Profit Umbrella Entity For Retail Payments
Electronic payment terminals sit on a stool at a gas station in Bengaluru, India. (Photographer: Dhiraj Singh/Bloomberg)

RBI Allows New For-Profit Umbrella Entity For Retail Payments

The Reserve Bank of India has issued final guidelines for a new umbrella entity for retail payments systems, which will have an option to operate as a “for-profit” entity.Payments system operators,...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.