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    <title>Extension of timeline for compliance with various payment system requirements</title>
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    <description>RBI extends compliance timelines for payment system requirements: non bank PPI net worth and System Audit reporting deadlines are deferred; implementation of card security provisions is postponed; harmonisation of TAT and customer compensation (reading &quot;calendar days&quot; as &quot;working days&quot;) is extended through year end; and commencement of specified activities under payment aggregator and gateway guidelines is deferred. The directive is issued under Section 10(2) read with Section 18 of the Payment and Settlement Systems Act, 2007.</description>
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