RBI’s “Payment Systems Vision 2021”

RBI’S ‘PAYMENT SYSTEMS VISION 2021   Topic covers Preliminary: Key Features Mains: Aim, Advantages, Vision 2019-2021, core areas, Payment Council of India, IAMAI   News Flash The RBI’s ‘Payment Systems Vision 2021’ document would act as a catalyst for promoting digital economy and instill confidence among the general public. The RBI will implement the approach outlined in the document during the period 2019 – 2021. Aim To make a ‘cash-lite’ society. Ensure safe, secure, convenient,…

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