
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.
Arti Singh
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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The author is Founder and Editor of The Head and Tale. She can be reached at
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