RBI vs Government: The battle over India’s digital payments ecosystem explained
28 May 2025, 05:01 PMA decade-old debate ends with government formalizing oversight of payments through Payments Regulatory Board, redefining roles across RBI, NPCI and fintech.
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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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