RBI vs Government: The battle over India’s digital payments ecosystem explained

A decade-old debate ends with government formalizing oversight of payments through Payments Regulatory Board, redefining roles across RBI, NPCI and fintech.

RBI vs Government: The battle over India’s digital payments ecosystem explained 13 min read

It took less than six months for the new RBI governor Sanjay Malhotra, a former Department of Financial Services bureaucrat, to d

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